Credit Policy

 

Any purchase made between the first and the last day of the month will be due by the tenth day of the following month. 

Payment is due in Andrews Foodservice offices no later than the tenth of every month.  

1.       ALL PAST DUE accounts will be subject to a 24% A.P.R. (2% per month) on any past due account. 

2.       ALL PAST DUE accounts will be subject to a $35.00 late fee to be assessed on the eleventh of every month.  For Net 30 day terms, the $35.00 late fee will be assessed on the 31st day after the invoice date. 

3.       Legal action shall be taken to secure payment of all accounts that are excessively past due. 

4.       Should a third party be employed for the collection of a slow paying and/or delinquent account, the customer agrees to pay all collection fees charged by the third party. 

5.       Should an attorney be engaged for litigation ALL attorney fees will be the responsibility of the customer. 

6.       SHORT CHECK POLICY:  All NSF checks returned by the bank to Andrews Foodservice Systems must be paid IN FULL, CASH ONLY within seven days.  Customer agrees to pay $30.00 service charge.  If two NSF checks are returned, the customer is automatically put on a CASH ONLY basis until further notice.  NSF checks are forwarded to a collection attorney, and the customer is liable for three times the check amount if not paid in a timely manner. 

7.       PALLET EXCHANGE POLICY:  For all items delivered by Andrews Foodservice that are palletized, a pallet exchange must be made at delivery time or a $15.00 charge per pallet will be assessed. 

8.       REFUSED SHIPMENT POLICY:  The fee charged is for one-way delivery from the warehouse of Andrews Foodservice Systems.  Should an agency refuse any item at delivery time, an additional fee may be charged to an agency for the return trip back to the warehouse of Andrews Foodservice Systems.  When the agency orders the item to be delivered again, another delivery fee will be charged.  Thus, an agency may pay three times the original delivery fee on any item refused from an initial delivery. 

9.       STORAGE FEE:  USDA recipient agencies may store USDA items at Andrews Foodservice Systems, 717 E. Industrial BLVD. in Pueblo, Colorado after the “free storage” period at the following rates:

Charge per case:

Dry:  45˘ per case.  

Cool/Frozen:  55˘ per case. 

Minimum monthly charge of $30.00. 

A.     All rates are for the month or any portion of the month and are for the number of cases stored.  Items may vary by cases of dry, cool, or frozen. 

B.     Storage fees will be invoiced on the initial day of storage and the first day of each succeeding month.  Fees are due by the tenth of the month following invoicing. 

C.     Storage items will be palletized, shrink wrapped and stored for future delivery or pickup by USDA customers. 

D.     Once the “free storage period” has expired, invoicing will be made for USDA items to customers at the applicable delivery charges, along with USDA administrative charges, customer for the month, or any portion of the month at the above rates.  Delivery or pickup of storage items will be done at no charge, since the customer has been invoiced for these fees at the expiration of the “free storage” period. 

E.      Withdrawals from storage may not be made by individual items. 

F.      STATE ADMINISTRATIVE CHARGE:  The state Administrative charge per case, which includes regular and processed food, fresh produce, and direct shipments, is 50˘ as of January 2006.  This charge is reviewed and changed in June and December of each year as necessary. 

10.   Monthly Fuel cost adjustment and Annual CPI adjustment: 

Prices will be adjusted up or down on a monthly basis because of changes on fuel prices. 

There will be an annual adjustment either up or down during October for current CPI.