APA (Advance Provisioning Allowance) (Obligatory)
APA (Advance Provisioning Allowance): In crewed charters, the Charterer pays upfront an estimated amount for these expenses, this is then forwarded to the Captain who will be responsible for making all payments as necessary, accounting of Charterer’s expenses, advising the latter periodically as to the disbursement of the APA and providing at the end of the charter a breakdown with as many receipts as possible. The amount provided up front for such expenses is called Advance Provisioning Allowance (APA), it is collected with the last payment before the charter and its purpose is to enhance the level of services rendered, by allowing the Charterer to remain un-distracted by day to day expenses. Deductions from APA represent expenses accrued and paid for from APA.
APA is usually calculated at 30% of the charter fee. The final, actual expenses accrued may be more or less depending on Charterer’s individual requirements. Should the Charterer spend more than their estimated expense allowance, additional payment will be required during their charter and under all circumstances the Charterer must
settle all accounts in cash before disembarking at the end of the charter. Conversely, any unspent APA will be refunded to the Charterer at the end of the charter. - Payable at the base
per booking 0,00 €