Compass denies rebate wrongdoing

first_img KCS-content Compass denies rebate wrongdoing Show Comments ▼ Tags: NULL Share Sunday 5 December 2010 11:28 pm whatsapp whatsapp COMPASS has denied any wrongdoing over volume contracts for services it provides for non-food contracts.Reports this weekend suggested that Compass, whose customers include the Ministry of Defence, had asked some of its non-food suppliers for rebates of up to 20 per cent relating to contracts it had with the government. But a Compass spokesman denied there was anything wrong in the practice saying: “Volume rebates are part of the normal course of business and reflect the benefit of our scale, enabling us to deliver value for our clients. “The market in which we operate is highly competitive. Clients have significant choice over who to appoint so we strive to offer the best value as transparently as we can.”Compass admitted there were “legacy” issues with two former suppliers but that these were not part of how it did business today. It said those issues related to only a very small number of historic non-food contracts and “would account for less than 0.5 per cent of UK total purchases that we bought at that time.”Compass said it had gone through a significant turnaround, resulting in increased transparency and new supply contracts. It also appointed a new commercial team.It said all of its products and services were checked against external industry indicators “on a regular basis to ensure we offer our customers the best possible value for money whilst earning a margin for the UK business of 6.4 per cent.”Last week cabinet secretary Francis Maude told government suppliers he expected them to be more transparent in their dealings. More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comlast_img read more