Quality Incentives. There are two milk quality incentives available to the Supplier - an Annual Quality Bonus and a Monthly Quality Bonus. The Annual Quality Bonus and Monthly Quality Bonus consist of a financial incentive from Riverina Fresh. Both incentive payments are paid at the rates set out in the table below. Payments are made based on milk solids supplied during the applicable period. Incentive c/kg Fat c/kg Protein Annual Quality Bonus 4.0 10.0 Monthly Quality Bonus 3.0 7.5 For each month of the season, if the Supplier has supplied milk to Riverina Fresh and received zero scaled demerit points then they will be eligible to receive the Monthly Quality Bonus. The Annual Quality Bonus will be awarded to the Supplier if it has supplied Milk to Riverina Fresh for a minimum of nine months of the season and received a maximum of 10 scaled demerit points per month. Further details regarding the incentives are available in Handbook.
Appears in 10 contracts
Samples: Non Exclusive Milk Supply Agreement, Exclusive Milk Supply Agreement, Non Exclusive Milk Supply Agreement
