Warehouse Regulations Under the United States Warehouse Act

Warehouse Regulations Under the United States Warehouse Act

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Warehouse Regulations Under the United States Warehouse Act

OMB: 0560-0120

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Instructions For WA-372

SCHEDULE OF CHARGES

TARIFF FOR STORING AND HANDLING GRAIN

Warehouse operators licensed under the United States Warehouse Act use [optionally] this form to specify the terms of storage and the rates charged for various services provided.

Submit the original of the completed form in hard copy or facsimile to the Kansas City Commodity Office (KCCO), Warehouse License and Examination Division, STOP 9148, P.O. Box 419205, Kansas City, MO 64141-6205; or FAX 816-926-1774. Customers who have established electronic access credentials with KCCO may electronically transmit this form to KCCO. Features for transmitting the form electronically are available to those customers with access credentials only. If you would like to establish online access credentials with USDA, follow the instructions provided at the USDA eForms web site.

Warehouse operators must complete Items 1 through 8.

Items 1-8

Fld Name/
Item No.

Instruction

1

License No

Enter the United States Warehouse Act number.

2

Warehouse

Name

Enter the name of the warehouse from your United States Warehouse Act license (if issued).

3

Location of Warehouse

Enter the city and state location of the warehouse from your United States Warehouse Act license (if issued). If more than one location within a state, enter the principal location city. If more than one state, enter the principal city location in each state.

4

Service

Enter all the terms of storage that you must reveal to depositors. Some of the following language will be helpful as generally accepted language for conveying to the depositor the charges and the terms and conditions of storage.

Enter Storage: Including insurance and conditioning:” and then the storage rate for each agricultural product handled expressed as a fraction of a cent per unit of measure (i.e., bushel, bale, cwt., lb.) per day or month.

Enter Receiving:” and then the charge expressed as cents per unit of measure (i.e. bushel, bale, cwt., lb.)

Enter Loading Out: Receiving and load out charges assessed only if the agricultural product is loaded out for the account of the depositor” and then the charge expressed as cents per unit of measure (i.e. bushel, bale, cwt., lb.)

A useful omnibus clause for other charges is: “Other Charges: Charges for services that we are capable of performing, not listed herein, will be furnished upon request and will be commensurate with the nature of the agricultural product and the services required. Such services will be performed and charges assessed on the basis of prior arrangements with the depositor.”

A useful clause for making special contracts for storage space is: “Special Contracts: With the approval of the Deputy Administrator for Commodity Operations, Farm Service Agency, and the availability of storage space, the warehouse operator may contract for storage of a specific quantity of agricultural product for a specific period of time at rates other than the standard rates quoted. These special rates require a signed contract and will be offered, under the same conditions, to all depositors.”

A useful clause for setting out special rates to the government of the United States is: “Government Storage Rates: On agricultural products owned by or under the control of any agency of the United States of America, the warehouse operator may make special contracts for its handling and storage.”

A useful clause for notifying the depositor of conditions of transfer of stored agricultural products is: “Notice: the warehouse operator may transfer commingled stored agricultural product from one warehouse to another at their expense and according to the regulations and the licensing agreement supporting their USWA license. The owner of the agricultural product retains the right to receive grain deposits at the point of delivery unless other mutually agreed arrangements are made.”

A useful clause for notifying the depositor of rights of delivery at a multi-location license is: “This license covers warehouses at multiple locations. Redelivery of the depositor’s agricultural product will take place at the original location of deposit unless other mutually agreed arrangements are made.”

5

Insurance

Enter the standard insurance clause that applies to your coverage. For the fully insured, the entry will be “Insurance: All agricultural products will be insured upon acceptance of delivery for full market value at the time of loss, against loss or damage by fire and other risk.”

6

This tariff, etc.

Enter the date that you wish this tariff to be effective. On original licenses, enter the following words “date of first license issued”.

7

Signature Block

Enter the name of the licensed warehouse operator, from the face of the license, immediately under the title “U S Licensed and Bonded Warehouse Operator”.

Enter the warehouse operator’s full legal name and type of organization:

For a proprietor, enter, for example “Susan Doe” and change “at” to “of” just before (b)

For a corporation, enter, for example, “Does, Inc.”, “a BLANK corporation”, where BLANK is the name of the state of incorporation

For a general partnership, enter, for example “Letitia Doe, Frank Doe, Selma Doe, and James Doe, copartners, trading as Doe Farms” then “under the laws of BLANK” where BLANK is the state under whose laws the partnership is organized.

For a limited partnership, enter, for example “Doe Farms Limited Partnership under the laws of BLANK, Selma Doe, General Partner” where BLANK is the state of organization and under whose laws you operate.

For a limited liability company, enter, for example “Doe Farms, L. L. C., a BLANK limited liability company” where BLANK is the name of the state under which organized)


8A through 8C

By (Signature and Title of Authorized Person

8A. Enter the signature of an authorized person.

8B. Type Name of Authorized person.

8C. Type Title of Authorized person.

Page 3 of 3

File Typeapplication/msword
File TitleInstructions For WA-372
AuthorPreferred Customer
Last Modified ByUSDA-MDIOL00000DG8C
File Modified2003-10-14
File Created2003-10-14

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