As a builder, what will I pay as a member of CB/USA?
- All members pay three types of fees to CB/USA:
- One-time $2,000 start-up fee at time of registration.
- $399 per quarter, paid online via credit card at the start of each quarter
- Quarterly purchase volume fee. The quarterly volume fee is offset by earned rebates, so there is no out-of- pocket expense.
What is my maximum annual out of pocket expense for CB/USA membership?
- Besides the one-time registration fee, the maximum annual out of pocket expense is less than $1,600 ($399 per quarter), unless your city group elects to purchase optional additional services from CB/USA, such as accounting integration.
What are quarterly purchase volume fees and how are they calculated?
- Members pay a quarterly purchase volume fee for management of the purchasing process, the administration of the Vendor rebate program and use of the online purchasing software. This quarterly purchase volume fee is a percentage of total purchase volume, and is always less than 1%, which is the guaranteed minimum vendor rebate for on-time payments. Members who purchase significant volume through the program are rewarded with lower volume fees. Additionally, since the purchase volume fee is always less than the guaranteed rebate, there is never an out of pocket expense to pay for the purchase volume fee, provided you pay your bills within the terms set by your vendors.
How do members pay quarterly purchase volume fees using rebates earned?
- The process starts when CB/USA collects rebates from vendors for on-time payments and credits each member’s rebate account. Each member’s rebate account is then debited to pay for accrued quarterly purchase volume fees. CB/USA then distributes the net amount in each member’s rebate account to the city group in one lump sum payment. Members have real time access online via CB/USA’s software to reporting on paid rebates, accrued volume fees, and rebate distributions.
Why doesn´t CB/USA distribute rebates directly back to members?
- Most members prefer their city group to have operating capital to pay for a variety of value-added programs. City groups have built websites, run marketing campaigns, provided education and training events for members, held socials events, and made charitable contributions. However, a city group has the option to distribute 100% of net rebates back to members should the city group elect to do so.
Will I pay additional fees to my local city group, above and beyond CB/USA´s fees?
- Historically, members within each city group have voted to pay for group events, such as marketing campaigns, websites, and charitable contributions. The types of programs and costs vary from city to city, depending on what the membership has elected to do. The level of contribution required by each member also depends on how much each member has earned in net rebate distributions.