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What is the cylinder draw down program?

cylinder draw program
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What is the cylinder draw down program?

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The deposit draw down program is an alternative to the standard daily rental payment method. The standard cylinder rental is $0.35 per day and is billed on a monthly basis. Many companies will issue multiple purchase orders – one for the purchase of the gas and one for the ongoing cylinder rental. With deposit draw down, a deposit (based on the cylinder size) is paid to Scott on the same purchase order as the gas. When using the deposit draw down option, Scott Specialty Gases deducts the daily cylinder rental at a 10% discount, until the cylinder is returned. If the cylinder is returned before the deposit is depleted, a credit is issued for the balance. You will never pay more than the deposit amount for cylinder rental even if you lose the cylinder.

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