This review list is intended to educate you about this document and to guide you in its preparation. Price reduction claims are a common occurrence in most commercial enterprises. This generic structure is adaptable to a wide variety of various scenarios. The more thorough the form, the more likely you are to receive a price reduction, whether technically justified or not.
- Make several copies. Fax or mail one to the signatory. Retain one beside the transaction file. Keep a record of an appropriate day, such as seven days later, for a phone follow-up to finalize the outcome. As with any negotiation, and as recommended in our corresponding disc, keep your final objective in mind when engaging in one of these transactions.
Claimant For Reduced Price
Claimant for Reduced Price
Date: ____________________________________
Claimant’s Name: _____________________________
Address of Claimant: __________________________
___________________________Name of Carrier: _____________________________
Address of Carrier: __________________________
__________________________This claim for $ ______ (_____________________________ & ____/100 dollars) is made against the carrier named above by _________________________, Claimant, for overcharge in connection with the following shipment(s):
Description of Shipment: ____________________________
Name and address of Shipper: _________________________
Shipped from ____________________________ to ____________________
Final Destination: ______________________ Routed Via ____________
Bill of lading issued by _______________________ (Company) on the ______________ day of _________________, 19___.Paid freight bill No. _________________ Truck No. _____________
And initials ___________________________,
Name and Address of recipient __________________.
Nature of Overcharge: __________________________
DETAILED STATEMENT SHOWING HOW AMOUNT CLAIMED IS DETERMINEDNumber of packages __________________, articles _______________, weight ___________, rate ___________, charges _____________, amount of overcharge ________________ Dollars.
Authority for rate or classification claimed: __________________________________________
In addition to the information given above, the following documents are submitted in support of this claim:
(___________) 1. Original Bill of lading, if not previously surrendered by carrier.(___________) 2. Original Paid freight (“expense”) bill.
(___________) 3. Original Invoice or Certified Copy.
(___________) 4. Weight Certificate or certified statement when claim is based on misrouting or valuation.
(___________) 5. Other Particulars obtainable in proof of loss or damage claimed: __________.
Remarks: ________________________________________________________
________________________________________________________________
________________________________________________________________.The above statement of facts is hereby certified as correct.
Dated: ________________________________.
______________________________________
CLAIMANTClaimant for Reduced Price
Review ListThis review list is provided to inform you about this document in question and assist you with its preparation. Claims for price reduction are a standard feature of most commercial businesses. This general format can be adapted to a host of different situations. The more complete the form appears, the more apt you are to get a reduction in price, whether technically merited or not.
1. Make multiple copies. Send one to the signatory by fax and/or mail. Keep one with the transaction file. Note a suitable date, such as 7 days later, to follow up by phone to finalize the result. As with all negotiations, as suggested in our disc of that name, have your end goal in mind when entering into one of these transactions.
Frequently Asked Questions
What is a claimant for reduced price?
A claimant for reduced price is a form used to file a claim against a carrier for an overcharge in connection with a shipment. The claimant provides details such as their name, address, the carrier's information, the amount claimed, and a description of the shipment. The form also includes a detailed statement showing how the amount claimed is determined.
How do I fill out a claim for reduced price form?
To fill out the form, you must provide the date, your name and address, the carrier's name and address, the claim amount in dollars and cents, and the claimant's name. You also need to describe the shipment, including the shipper's name and address, origin and destination, routing, bill of lading details, freight bill number, truck number, initials, and recipient's name and address. Finally, you must state the nature of the overcharge and provide a detailed statement showing how the amount claimed is determined, including the number of packages and articles.
What information is required to file a claim for overcharge against a carrier?
The form requires the claimant's name and address, the carrier's name and address, the claim amount, and a description of the shipment. It also requires details such as the shipper's name and address, origin and destination, routing, bill of lading information, freight bill number, truck number, initials, and recipient's name and address. Additionally, the nature of the overcharge and a detailed statement showing how the amount claimed is determined must be provided.
What is the nature of overcharge in a reduced price claim?
The nature of overcharge refers to the specific reason for the overcharge in connection with the shipment. The form includes a field to describe this, such as incorrect freight charges or misapplied rates. It is a required part of the claim to explain why the claimant believes they were overcharged.
Who is the claimant in a reduced price claim?
The claimant is the party making the claim against the carrier for the overcharge. The form requires the claimant's name and address to be provided. The claimant is typically the shipper or recipient who paid the freight charges and believes they were overcharged.
What is a detailed statement showing how the amount claimed is determined?
This is a section on the form where the claimant must explain the calculation of the overcharge amount. It includes details such as the number of packages and articles. This statement supports the claim by showing the basis for the amount requested.
What shipment details are needed for a claim for reduced price?
The form requires a description of the shipment, the name and address of the shipper, the origin and final destination, the routing, the bill of lading issuer and date, the paid freight bill number, truck number, initials, and the name and address of the recipient. These details help identify the specific shipment in question. They are essential for processing the claim.
How is the claim amount written on the form?
The claim amount is written in dollars and cents, with the cents expressed as a fraction over 100. For example, $100.50 would be written as $100 (100 & 50/100 dollars). The form provides a specific field for this amount.
What is the role of the carrier in a reduced price claim?
The carrier is the party against whom the claim is made. The form requires the carrier's name and address to be provided. The carrier is responsible for the overcharge in connection with the shipment.
What does the bill of lading information include in this form?
The bill of lading information includes the company that issued it and the date it was issued. The form has fields for the bill of lading issuer and the day, month, and year. This information helps identify the shipment and the terms of carriage.




