The British Hospitality Association (BHA) Food & Service Management Survey 2010 identified that during the recession, profit and loss based contracts grew by more than 75%. In other words, there has been a more marked shift from Cost-plus type contracts.
This move away from Cost-plus catering contracts is not new and alternative types of contract that place greater risk and responsibility with the caterer have been evident for well over ten years.
To read the full article, first published in Tomorrow’s FM, May 2011, follow below link and see page 28.
Tomorrow’s FM – The Road to Nil Subsidy – Montfort Consultants – May 2011
Posted on July 3rd, 2011