FARE PROGRAM POLICY & GUIDELINES
WHAT IS FARE?
FARE – Friend’s Assistance & Referral Program (FARE) is a program introduced by A-1 ULTRABUILDERS CONSTRUCTION CO. to reward its FRIENDS with incentives for being instrumental in referring a potential client to the company.
WHO IS A FRIEND?
A FRIEND is person who knows A-1 ULTRABUILDERS CONSTRUCTION CO., its partners, staff, employees and workers; or any person who is acquainted to the families of its partners, staff, employees and workers. Further, contacts associated with a social networking sites are also referred to as a FRIEND.
WHO IS A REFERRED CLIENT?
A REFERRED CLIENT is person or juridical entity who had been referred as a potential client of A-1 ULTRABUILDERS CONSTRUCTION CO. A person or entity already known to A-1 ULTRABUILDERS CONSTRUCTION CO. because of previous transactions whether realized or not can’t be qualified as a REFERRED CLIENT.
MECHANICS OF THE PROGRAM:
WHO ARE QUALIFIED?
- A FRIEND who should be at least 18 years of age
- A FRIEND that must have at least two (2) valid IDs
- A FRIEND who must have “LIKE” our Facebook Page
- A FRIEND that registered with the program
HOW TO REGISTER?
Register to http://www.ultrabuilders.ph/referral/
ULTRABUILDERS shall confirm a successful registration through text, email or phone call. Notification of a successful registration shall be made within three (3) working days.
HOW SHALL A FRIEND BE INFORMED OF THE STATUS OF THE REFERRED CLIENT?
A FRIEND who has referred a potential client and becomes an official client, ULTRABUILDERS will notify the concern FRIEND on the status of his/her referral.
A FRIEND shall be notified:
- When a referred client signs a contract with ULTRABUILDERS, and;
- The date when a FRIEND may receive his/her REFERRAL FEE;
HOW MUCH IS THE REFERRAL FEE? WHAT IS THE MINIMUM AMOUNT OF THE CONTRACT IN ORDER TO AVAIL OF A REFERRAL FEE?
A REFERRAL FEE is fixed at Php 50,000.00 for each referred client. A minimum contract of TWO MILLION PESOS (Php 2,000,000.000) shall have been signed by the referred client in order to claim a REFERRAL FEE.
The REFERRAL FEE will be given in two parts:
- The first 50 % referral fee – upon 30% down payment of referred client
- The next 50% referral fee – upon full payment of the referred client
HOW TO CLAIM THE REFERRAL FEE?
- A FRIEND must wait for the confirmation by ULTRABUILDERS on how to claim his/her REFERRAL FEE. A FRIEND shall be informed when and where he/she shall receive his/her REFERRAL FEE.
- A FRIEND must submit a photocopy of 2 valid IDs (driver’s license, SSS, TIN, Postal ID or passport) to ULTRABUILDERS upon claiming his REFERRAL FEE. ULTRABUILDERS reserved the right to require the presentation of the original IDs.
- Payment of the REFERRAL FEE is in the form of a Cheque
- Fill-out a Claim Form & received the Cheque
- A FRIEND is entitled of the REFERRAL FEE only on the referred client’s first transaction with ULTRABUILDERS;
- A FRIEND can refer as many clients as he/she wants. Each referred client shall be treated as separate transactions;
- In case two or more FRIENDS referred the same client, the transaction shall be awarded to a FRIEND that refer the client first;
- A FRIEND is not entitled to a REFERRAL FEE when there is no signed contract; or even if there is a signed contract but the referred client withdraws from the contract;
- A FRIEND’S referral shall be forfeited when a potential client has not signed a contract with ULTRABUILDERS within three (3) months from date of registration.