What it says
What this says
Current to 11 Oct 26Executed order form for Company Brain Starter, effective 1 Aug 2023 for one year to 31 Jul 2024. Net subscription £17,550 after a 10% discount, plus £6,000 implementation. Availability 99.5%, P1 first response 4 business hours.
What it is: an executed order form between BB-Demo Ltd and Corriemoor Foods for Starter, with Starter implementation of 4 weeks and up to 4 connectors. It states a total contract value of £23,550.
Commits: "Annual in advance" billing, payment 30 days from invoice date, and a service credit of "5% of one month's fee for any month in which availability falls below 99.5%".
Unusual: the subscription carries a 10% discount off the £19,500 unit price, which is first-term pricing. The form itself labels £17,550 as Annual Recurring Revenue.
Not settled: the form shows BB-Demo's signature only, from Nell Ashcombe on 14 Jul 2023, and no customer signatory. It states no renewal mechanism, and the term ended on 31 Jul 2024, so later paper is needed to know the current price and terms.
As found in this document
Current to 9 Oct 26- Date end31 Jul 2024Source: object_read:doc_012_006
- Date signed14 Jul 2023Source: object_read:doc_012_006
- Date start1 Aug 2023Source: object_read:doc_012_006
- Price£17,550Source: object_read:doc_012_006
- Availability99.5%Source: object_read:doc_012_006
- P1 First Response4 business hoursSource: object_read:doc_012_006
- Service Credit5% of one month's fee for any month in which availability falls below 99.5%5% of one month's fee for any month in which availability falls below 99.5% · Source: object_read:doc_012_006
- Billing FrequencyAnnual in advanceSource: object_read:doc_012_006
- Payment Terms30 days from invoice dateSource: object_read:doc_012_006
- Contract Period1 August 2023 to 31 July 2024Source: object_read:doc_012_006
- ImplementationStarter (4 weeks, up to 4 connectors), £6,000Starter (4 weeks, up to 4 connectors), £6,000 · Source: object_read:doc_012_006
- Total Contract Value£23,550Source: object_read:doc_012_006
The document
Body
Corriemoor Foods - Order Form (signed)
Effective from: 1 August 2023
Parties
Supplier: BB-Demo Ltd, London, United Kingdom
Customer: Corriemoor Foods, Glasgow, United Kingdom
Services and Implementation
| Item | Quantity | Unit Price | Discount | Net Amount |
|---|---|---|---|---|
| Company Brain – Starter | 1 | £19,500 | 10% | £17,550 |
| Implementation – Starter (4 weeks, up to 4 connectors) | 1 | £6,000 | , | £6,000 |
Total Contract Value: £23,550
Subscription Terms
- Annual Recurring Revenue: £17,550
- Billing Frequency: Annual in advance
- Contract Period: 1 August 2023 to 31 July 2024
- Payment Terms: 30 days from invoice date
Service Levels
- Availability: 99.5%
- P1 First Response: 4 business hours
- Service Credit: 5% of one month's fee for any month in which availability falls below 99.5%
Signature
Authorised by:
Nell Ashcombe Chief Executive Officer and Co-founder BB-Demo Ltd
Date: 14 July 2023
Unusual terms
Current to 9 Oct 26- 10% discount on first-term subscription
- Fixed one-year term with no renewal clause stated
- Net subscription labelled as Annual Recurring Revenue