11.- PPP – Payment Protection Plan:

11.1 PCA Members will have a financial security plan which guarantees members payment for freight forwarding transaction between Members (hereinafter referred to as “PPP”. this is for the exclusive use between PCA Members only. No coverage is provided for transactions which involve non-members of PCA – PROJECT CARGO ALLIANCE, the cost of PPP is USD 300 per member per year.

11.2 Members who find themselves in dispute(s) over non-payment by another Member may apply to PCA HQ for mediation.

11.3 Members are obliged to contribute to PPP annually. This contribution has to be made by all Members, including subsidiaries.

11.4 PPP is set up as a reserve for the Members to utilize in the event members encounter the non-payment with another Member. PPP serves as a form of compensation for the aggrieved party.

11.5 As Members, the minimum sum claimable under PPP shall be USD $1000 up to a maximum sum of USD $10,000. PPP has a ‘deductible’ feature. A ‘deductible’ is the minimum claimable sum before a member can file a claim under PPP.

11.6. In order to start with this PPP system we need clear total minimum fund of USD 30’000, that means contribution of 100 PCA partners (USD 300 X 100 = USD 30’000) in 1 one year, or for example 50 PCA in 2 two years. With less amount of USD 30’000 will not be possible to start the payment protection plan; exact amount will be constantly informed by PCA team via emails.

11.7 The monies held under PPP are limited to what is available for members to use. In the event, the monies held under PPP are fully utilized, and then there will be no further amount available for members. The PPP being the fund for members is limited to the amount available.

11.8 Members shall apply to PCA for mediation during which their matters will be heard by the PCA team to determine the outcome of the dispute. The PCA team in HQ will act independently and their decision on the outcome of the dispute is final.

11.9 In the event PCA is not able to resolve the dispute amicably between Members, the PCA team will use its discretion to either dispense with the mediation and/or suggest to the parties that they find an alternative method of resolution.

11.10 Members are to note that the intention of the PCA is to facilitate and provide an amicable and effective resolution between Members.

11.11 The resolution of the dispute between parties shall be dealt with in strict confidence and documents or any form of materials used during the course of the resolution shall be treated with strict confidentiality.

11.12 Mediation may be in electronic mails and letters. PCA may require parties to provide documents for review in relation to the mediation.

11.13 Credit terms between members is 30 days. If any invoice exceeds 60 days, please notify PCA immediately for further follow up on your behalf. 

11.14 All claims made by Members must be filed within ninety (90) days from the date of invoice.

11.15 No claims shall be accepted by PCA if the invoice is less than sixty (60) days old.

11.16 All pay-out from “Payment Protection Plan” for disputed cases/claims will make known to all members and PCA team will notify all PCA partners via email.

11.17 PCA must have minimum of 100 members or equivalent in money: USD 30’000 in PPP system in order to accept the claims, with a less amount or less members inscribed and cooperating with PPP - Payment Protection Plan as USD 300 per year, PCA can’t accept claims from the members, Total funds of all PPP will be always informed.

11.18 Members who don’t renew the membership will be out of PCA and they cannot claim their pending payments.

11.19 PAYMENT PROTECTION PLAN funds are not repayable; this fund is not redeemable in any case and this fund serves for all PCA active members who are current on their annual memberships.

11.20 PCA team & PPP will accept maximum of 3 claims / cases per year (for all PCA network) or equivalent of: USD 30’000 so, for example if we received 3 claims and these are for USD 10’000, we only can accept these 3 claims in this year (since OCTOBER 2016) and for next year in case of less amount of USD 30’000 we need to wait for PPP contributions looking for total minimum amount of: USD 30’000 in order to start again the payment protection plan.

11.21 PAYMENT PROTECTION PLAN funds will increase every year due new PCA members, exact amount will be informed at right time for PCA team, so in the future is possible than PCA network can accept more quantity of claims per year, all will depends of total PPP funds in the PCA account.

11.22 Only 2 cases will be admitted per member per year or equivalent of total: USD 10’000 in total, so for example if your first case is per USD 6000 your second case per year just can be per USD 4000 forming in total USD 10’000 per year.

11.23 PCA Team will analyses all cases minutely in case of fraud we will report to all NETWORK ALLIANCES AROUND THE WORLD and around 25’000 agents.

11.24. PCA will be not available to accept any claim in 2016 year, because we must receive the PAYMENT PROTECTION PLAN funds in our account in order to proceed with PPP system, also in 2017 Payment Protection Plan will be available depending of members number, we need at least 100 (ten hundred PCA partners) that already paid USD 300 as trust fund, or for example 50 PCA members in 2 years, forming the total amount of USD 30’000 as PPP fund in year 2018.

11.25. PPP will cover pending payments between active PCA members, but PPP is not an insurance for goods damage, good lost, cargo damage or others similar damages between PCA members.