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Cost Plus Management Fee Contracts The contractor manages the catering operation in return for a management fee which includes the contractor's main source of profit. All direct costs incurred in running the services are re-charged to the client at cost.
What is included in a Catering Contract? The date of the events. Whether catering is needed for a single event or a series of events. Details of the service, such as number of guests, serving staff, menus, dishware and cutlery for the guests, and cleanup at the venue after the event.
Cost Plus guarantee Cost lines will be 'fixed' or guaranteed and charged to the client. Client does not usually benefit from any savings, but an agreement can be made to split any savings between caterer, client and catering team. Contract can incorporate an incentivised management fee based upon performance.
Concession Catering. This category includes major sporting events, seasonal competitions and live concerts. Typically, catered food is offered at all of these events. Planning for these events requires skill to make sure you have all the right menu choices for your audience.
In addition to menu- and service-related items, the catering contract should include standard contract terms and conditions, including: Basic contract information. ... Final date for any changes. ... Insurance. ... Health and safety requirements. ... Cancellation policy. ... Breach of contract.