Exhibit_II_-_Sample_CLOC.pdf
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Exhibit II - Sample CLOC
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Exhibit 2: Sample CLOC
Food and Nutrition Service CLOC No.: E-330-059-25
Department of Agriculture
Commodity Donation Demonstration Date of Issue: 10/01/14
Commodity Letter of Credit for the purchase of
SWEET CORN
Issued to:
School District Name
In the amount of:
$269
To be purchased no later than: To be delivered no later than:
03/31/15 6/30/15
You are authorized to purchase this commodity in amounts up to the dollar limit noted above. On receipt of a satisfactory proof of purchase, your account will be credited for the amount of the purchase or that part of the purchase meeting the requirements noted below.
Full credit, up to the limit noted above, will be made on the following products:
Fresh Corn on the Cob Canned Whole Kernel Corn
Frozen Whole Kernel Corn Frozen Corn Cobettes
Fresh Fruits and Vegetables
Partial credit will be given for some processed products. The amount of credit allowed for such end products will be a preassigned percentage of the total product cost.
This percentage will be the ratio of: 1) the weight of the commodity removed from the market per district dollar spent and 2) the weight of commodity removed per U.S.
Department of Agriculture dollar spent.
To qualify for credit, the product must be composed only of targeted commodities produced in the United States. All products shall be processed, packaged and delivered in accordance with regulations of the U.S. Department of Agriculture and requirements of the Federal Food, Drug and Cosmetics Act and regulations stated therein.
For further information regarding the proper use of Commodity Letters of Credit, call the CLOC Project at (800) xxx-xxxx between the hours of 9:00 A.M. and 2:00 P.M.
(Eastern Time Zone), Monday through Friday.
This is Not Negotiable
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