What topics are covered in Schedule 3 to the Administrative Services Addendum for Budget franchisees?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
| SCHEDULE 3 TO ADMINISTRATIVE SERVICES ADDENDUM SERVICE TO BE PROVIDED AND COST49 | |
|---|---|
| SCHEDULE 4 TO ADMINISTRATIVE SERVICES ADDENDUM DETAIL OF HP | |
| THIN CLIENT HARDWARE & SUPPORT COSTS50 | |
| SCHEDULE F RESERVATION FEES51 | |
| SCHEDULE 1 TO RESERVATION FEES OPERATING EXPENSES52 | |
| SCHEDULE 2 TO RESERVATION FEES THIRD PARTY AUTOMATED | |
| RESERVATION FEES53 | |
| SCHEDULE 3 TO RESERVATION FEES BUDGET CENTRALIZED COMMISSION | |
| SERVICES PROGRAM (BCCS) POLICIES AND PROCEDURES (U.S.)54 | |
| SCHEDULE 4 TO RESERVATION FEES RATE CODES58 | |
| SCHEDULE 4 TO RESERVATION FEES VEHICLE CLASS/TYPE MATRIX59 |
Source: Item 23 — RECEIPTS (FDD pages 80–426)
What This Means (2025 FDD)
According to Budget's 2025 Franchise Disclosure Document, Schedule 3 to the Administrative Services Addendum outlines the service to be provided and its associated cost. This addendum appears in Item 23, which lists various schedules related to administrative and reservation fees.
Other schedules mentioned include Schedule 4 to the Administrative Services Addendum, which details HP thin client hardware and support costs. There are also several schedules pertaining to reservation fees, such as Schedule F, Schedule 1 which covers operating expenses, Schedule 2 which addresses third-party automated reservation fees, Schedule 3 which concerns Budget Centralized Commission Services Program (BCCS) policies and procedures in the U.S., and Schedule 4 which lists rate codes and the vehicle class/type matrix.
Prospective Budget franchisees should carefully review these schedules to understand the costs and services associated with the administrative services and reservation systems. Understanding these costs is crucial for budgeting and financial planning. Franchisees should also inquire about any potential changes to these fees and services during the term of their franchise agreement.