The
following practices govern our conduct of business. They
are by their nature included in any
and all agreements between PK Communications Co. and its
customers, advertisers and their agencies.
Billing/Payments, etc.--Past advertising customers in
good standing may, on a case by case
basis, be offered a deferred payment plan for advertising which
consists of an up-front deposit of not less than 25 per cent of
the total order and four equal installments to satisfy the
balance, on a mutually agreeable schedule. The company
may, at its option, offer this discount to members of Empower
Federal Credit Union (Syracuse, NY).
The company has a standard rate, and a discounted cash with
order rate (never less than 15 percent discount; the amount
varies by the product/service offered) for most products and
services. The standard rate is the basis for invoiced
paper billing and agency discount. The discounted cash
rate is given to customers who remit full payment with order,
whether by company payment cards (VISA, MasterCard,
Discover, American Express) ACH transfer, PayPal, cash or
company check. There will be opportunities to make immediate,
secure payments when rates are published on our web site.
If we invoice your business electronically, we will do so at the
discounted rate. There will be opportunities to use
company payment cards or PayPal accounts to pay the balance due.
The PK Communications Co. does not accept personal checks, but
will accept personal payment cards (VISA, MasterCard, Discover,
American Express) for payment for products. This discount
is built in to the price of microphone cords ordered from
our adapters
page.
For customers including advertising agencies or in-house
advertising departments who elect to be billed with a paper
invoice, a prompt payment of invoices is expected. The
customary advertising agency discount (not to exceed 15 per cent
on time) will be extended to customers in good standing.
PK Communications Co. considers any invoice paid within 35 days
of the invoice date as promptly paid. On day 36, a 2% interest
charge (24% APR) is added to unpaid balances. If invoices are
more than 60 days due, any 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 with an
immediate payment and all subsequent payments to be made by
company payment card, or ACH. Once the payment plan is
completed, the business is then back in good standing.
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.
Professional Services (news consultancy) fees are billed
on either an hourly rate of $373.75/hour (one hour
minimum); or a day rate of $805 plus
expenses. On-site visits will incur the following expenses
for each day of training, supervision and installation: common
carrier travel, lodging, and the allowance for meals and
incidental expenses determined by the Federal Government.
Expenses will be billed separately and electronically, unless
otherwise agreed.
One Hour of Billable Time, discounted
Two Days Billable Time, discounted
Contracts for Engineering Services, Equipment Sales,
Installation and Maintenance are negotiated on a case by
case basis. Our normal practice for projects includes a payment
with inception (usually 33%); a 90-120 day in-progress payment
(33%), and a settlement 180-270 days after
inception.(34%). Equipment Sales are done on a cash with
order basis.
The DUNS number for PK Communications Co. is 066401394.
PK Communications Co. is a member of Empower Federal Credit
Union.
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. We will extend
advertising contracts from businesses owned or controlled by a
service disabled veteran, or retired member of the US Armed
Forces with a 10 percent bonus on all contracts 26 weeks or
longer; 5 per cent on contracts 13 to 25 weeks.
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, financial and business interests
unless specifically waived in writing.
Copyright PK Communications Co. All Rights Reserved.