Units/volume from individuals and organizations that sold to the organization and that have received a price premium during the reporting period.
Units/volume from individuals and organizations that sold to the organization and that have received a price premium during the reporting period.
Organizations should footnote all assumptions used, including source of data.
This metric is intended to capture the quantity of goods purchased by the reporting organization at a price premium.
When possible, organizations are encouraged to report this metric in conjunction with Producer Price Premium (PI1568), which measures the percentage premium suppliers receive by selling to the organization.
June 2022 - IRIS v5.3 Released (current version)
Immaterial change. Minor revisions to definition and usage guidance for clarity.
January 2020 - IRIS v5.1 Released
No change.
May 2019 - IRIS v5.0 Released
No change.
March 2016 - IRIS v4.0 Released
Immaterial change. Minor revision to definition language for clarity.
March 2014 - IRIS v3.0 Released
New metric. Units/Volume Purchased at Price Premium (PI2422) was developed via the IRIS Taxonomy Group.