How long does Dryer Vent Squad have to approve or disapprove a new supplier?
Dryer_Vent_Squad Franchise · 2024 FDDAnswer from 2024 FDD Document
plies and services from suppliers who meet our specifications and standards.
If you want to purchase or lease a source restricted item from a supplier that has not been previously approved or designated by us in writing, you must send us a written request for approval and submit additional information that we may request. We may charge you a supplier review and testing fee and we may request that you send us samples from the supplier for testing and documentation from the supplier for evaluation. We may also require, subject to our discretion, that we be allowed to inspect the supplier's facilities. We will notify you of our approval or disapproval within a reasonable time, not to exceed 60 days, after we receive your written request for approval and all additional information and samples that we may request. We may, in our discretion, withhold our approval. When evaluating the approval of a particular supplier, among other things, we consider: whether the supplier can demonstrate to our reasonable satisfaction the ability to meet our standards, specifications and production requirements, the suppliers quality control, whether or not we are the exclusive supplier of the particular item, whether or not our affiliate or affiliates are the exclusive supplier of the particular item, and whether or not the suppliers approval, in our sole determination, will allow us to advance the overall interests of the System. If we
have previously approved a supplier, and their standards fall below our designated standards, we will revoke our approval. We will notify you in writing of us revoking our approval.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 24–28)
What This Means (2024 FDD)
According to Dryer Vent Squad's 2024 Franchise Disclosure Document, if a franchisee wants to purchase or lease source-restricted items from a supplier not already approved by Dryer Vent Squad, the franchisee must submit a written request for approval along with any additional information requested by Dryer Vent Squad. Dryer Vent Squad may charge a supplier review and testing fee and may request samples and documentation for evaluation. They may also require an inspection of the supplier's facilities.
Dryer Vent Squad will then notify the franchisee of their approval or disapproval within a reasonable time, but no more than 60 days. This timeframe begins after Dryer Vent Squad receives the franchisee's written request, all additional information, and any requested samples. However, Dryer Vent Squad retains the discretion to withhold approval.
When evaluating a supplier, Dryer Vent Squad considers several factors. These include the supplier's ability to meet Dryer Vent Squad's standards, specifications, and production requirements, as well as the supplier's quality control measures. Dryer Vent Squad also considers whether they or their affiliates are the exclusive supplier of the item and whether approving the supplier would advance the overall interests of the Dryer Vent Squad system. If a previously approved supplier's standards decline, Dryer Vent Squad will revoke the approval and notify the franchisee in writing.