PK Communications Co.
Company Business Practices
The following practices govern our conduct of business. They are by their nature included in any and all agreements between PK Communications Co., its Motor Sports Radio Network, and its customers, advertisers and agencies.
Billing/Payments, etc.--PK Communications Co. usual policy is to ask for payment with order for all services under a $275 threshold, with the exception of program fees for non-barter stations and outlets, which must accompany written orders in full. Past advertising customers may be offered a deferred payment plan which consists of an up-front deposit and installments to satisfy the balance. An immediate discount of 10% will be given to all customers who remit full payment of orders and services over $1200, or arrange for ACH (direct debit from the checking account) payment of such order within 7 days of the placement of the order upon placing such order or request. For orders and services over $275 to $1199.99, a 5% discount will be given to all customers who remit full payment with order, or arrange for ACH (direct debit from the checking account) payment of such order within 7 days of the placement of the order. For spot advertising orders over $275, and other services, an invoice will be sent unless the customer uses automatic ACH withdrawals to satisfy the bills. Those customers using ACH withdrawals to pay for services and advertising sponsorship over a 12 month period (yearly spot advertising agreements and retainers, for example) will receive a 5% discount from the full price. ACH customers will receive a memo bill each month. For other customers, a prompt payment of invoices is expected. PK Communications Co. considers any invoice paid within 35 days of the invoice date as promptly paid. On day 36, a 1.5% interest charge is added to unpaid balances. If invoices for advertising are more than 60 days due, that advertising will be suspended until back balances are brought current. Customers experiencing cash flow problems may be allowed to work out a payment plan, where the balance is spread out over a 12 month period and all subsequent payments are made by ACH. A $30.00 charge will be assessed for any returned check, reversed ACH or other paper or electronic instrument presented to PK Communications Co., that is not the result of bank error. That charge is waived if you present us with a letter on bank stationery admitting the error. PK Communications Co. accepts business checks and drafts payable in US funds, ACH payments, individual credit and debit cards and PayPal(tm) electronic payments through this website.
CREDIT CARD CUSTOMERS: We can accept Federal, State and local government agency payment cards with the Visa or MasterCard (trademarks of their respective companies)logo,and company cards (debit or credit) through this website for payments up to $2,000. We also use electronic invoices, which will allow the same payment options available through this website. Credit Card Payments and electronic invoices are processed by PayPal (tm). Customers receiving such an electronic mail invoice will find a clickable link, which will open a secure page on the PayPal website. That page allows for either payment by PayPal or by credit card. When the order/invoice is presented on that page, there will be a link at the bottom of the page that will allow the payment of the invoice by credit card.
Professional services are billed on either an hourly rate of $325/hour (one hour minimum); or a day rate of $700 plus expenses. On-site visits will incur the following expenses for each day of training, supervision and installation(common carrier travel, lodging, meals and incidental expenses as determined by the Federal Government). A minimum of two days will be charged for any such visit.
Voice-over services are billed on a session fee (4 hour max per session) of $275.00 (whether the work product is used or not). The day rate for voice-over services is twice the session fee or $550/day, plus expenses. A minimum of two days ($1100) plus expenses will be charged if travel by automobile cannot meet time requirements. Expenses include, but are not limited to,common carrier travel, lodging, meals and incidental expenses at the prevailing rate determined by the Federal Government for the recording location. No voice over fee will be charged for voice work used on Motor Sports Radio Network commercials.
Contracts for equipment, installation and maintenance are negotiated on a case by case basis.
Our normal practice includes a payment with inception (usually 33%); a 90-120 day in-progress payment (33%), and a settlement 180-270 days after inception.(34%)
Government contracts will be negotiated with agencies and prime contractors on a case by case basis in accordance with applicable Federal and State Procurement Guidelines.
In house advertising departments and recognized advertising agencies are eligible for the customary 15% discount on time, as long as all invoices are paid promptly. Please advise us if you use electronic invoicing so we may adjust our invoicing to agree with your system.
The DUNS number for PK Communications Co. is 066401394. The company is registered with the Department of Defense Central Contractor Registry (CAGE Code 48H90), the Small Business Administration's PRO-Net database and in the Veterans Administration's VET BIZ database. Our NAICS codes are listed therein.
PK Communications Co. is a SDVOB--service disabled veteran owned business which may help you with set-aside requirements for some Federal and State contracts.
All agreements are governed by applicable New York State and Federal statutes. PK Communications Co. reserves the right to use any and all legal means necessary to protect its intellectual property rights, and financial interests unless specifically waived in writing.