CENTERPLATE UK LIMITED

Centerplate UK Limited does not have standard payment terms.
Payment terms are agreed with suppliers as part of contract negotiations.
The most frequently used payment terms in the reporting period are 45 days from end of month

Extract taken from Centerplate UK Ltd Terms and Conditions for the purchase of goods and/or services:

8.7 If the amount of any invoice or any other sum payable under the Contract is subject to a bona fide dispute between the parties, the following provisions shall apply:
8.7.1 the Customer shall pay to the Supplier, in accordance with these Conditions, all amounts not disputed in good faith by the Customer;
8.7.2 the Customer shall notify the Supplier as soon as is reasonably practicable after receiving an invoice and in any event within 30 days after the date of its receipt of the relevant invoice of any disputed items describing
in reasonable detail its reasons for disputing each item (including the amount of the invoice that is disputed); and
8.7.3 the Parties shall seek to reach settlement on the items that are the subject of the dispute in accordance with condition 14.8;
8.7.4 subject to clause 8.7.3, upon resolution of any sum which the Customer agrees to pay or it is determined that the Customer shall pay (whether such agreed or determined sum is the amount originally invoiced or a different amount), that sum shall become payable by the Customer within 30 days of that agreement or determination (as the case may be).


Extract taken from Centerplate UK Ltd covering letter issued to all suppliers:

o    Centerplate UK trades via a web based operation and accounts system (based on the Indicater software). Any order upon which you act must be a valid Purchase Order, (LIN & minimum of 5 numbers) generated from our Indicater system. You must be in receipt of this PO number before you initiate any delivery.
o    Delivery must be accompanied by an itemised & priced delivery note/invoice (POD) that quotes the PO number, delivery date, branch name and address. Once the goods/services have been checked this must be signed by a Centerplate senior member of staff as proof of delivery.

We reserve the right to refuse payment of any invoice that doesn’t quote the valid PO Number.