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If we have a non-exclusive caterer policy, which is better, allowing most any caterer to work at our institution or only a limited, approved list of caterers?

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If we have a non-exclusive caterer policy, which is better, allowing most any caterer to work at our institution or only a limited, approved list of caterers?

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It is highly recommended to establish an approved list of caterers. Among the reasons include less wear and tear on your building and property, it is much easier to work with a short list of caterers that you know and that are familiar with a your policies and procedures. It is also possible, in many cases, to establish a commission policy with your approved caterers whereby they will pay you a percentage of their food (and alcoholic beverage) sales (usually about 8%-10% depending on annual volume).

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