What is an APA
A Comprehensive Guide Advanced Provisioning Allowance (APA)
Advanced Provisioning Allowance (APA). This is a term used in a certain type of yacht charter, typically crewed and other high end charters. It is used to cover real time payment for additional variable expenses incurred during your holiday. An example of the type of boat, take a look at our top 2 catamarans in Croatia.
APA covers everything absent on the charter fee such as fuel for the engines and generators, food and drink, laundry, port fees, local taxes etc.
Understanding what the Advanced Provisioning Allowance is and how it is managed is essential for the following reasons, to:
- Understand how to budget properly when booking.
- Manage your APA during your charter
- What included. What activities and decisions will affect the APA.
- Learn about the difference between APA.
- The peak of mind. Ultimately sure you prevent unwanted expenditure spoiling your charter.
Understanding the APA. Knowing how your Advanced Provisioning Allowance works is essential to peace of mind during your charter.
Taking care of your finances in a systematic way is a benefit that will help you relax during your yacht charter holidays without wondering what expenses are being run up. We can communicate with our clients on what they are expected to spend during their sailing holiday. We take into account all of the consumed resources.
Advanced Provisioning Allowance. The main aim is to notify exactly how much you are paying throughout the charter so you are not left with any unwanted surprises, such as hefty bills you were unexpected to pay.
Are all Advanced Provisioning Allowances the Same?
Whilst onboard there will be an expenditure that will vary from charter to charter. To solve this, a pay for what you consume system called Advanced provisioning Allowance has been in place in the Yacht Charter industry for many years.
Not all APA’s are the same, they vary depending on the type of yacht charter and even from boat to boat. Therefore it’s important to know what’s included and what is not. For instance, some boats provide a fixed price for meals, whilst other charters tailor the menu suited to the clients’ tastes.
Drinks are another example, higher-end yacht charters will either:
- Charge for Alcoholic Drinks as you go
- Buy drinks for the charter based on your preferences.
The APA will vary according to your tastes, for example, you could choose to stock local sparkling wines or expensive vintage champagne.
How much is an APA?
Understanding and knowing exactly how your APA works are essential to your peace of mind during your sailing.
Approximately you will pay 25-30% of your charter fee for the APA. The rate is based on the type of the yacht, the duration of the trip and the number of guests to be catered for. The captain will be in control of the APA to pay for fuelling up the boat and the mooring fees.
What happens with APA at the end of the trip?
When you are on charter the Captain keeps a record of your transactions throughout the trip. You can access your Advanced Provisioning Allowance breakdown at any time. It will contain a itemised list of the variable expenses discussed here.
If it seems there is a likelihood the Advanced Provisioning Allowance limit you have deposited is likely to be exceeded you will be informed at the earliest opportunity. Depending on your preferences the spending increased at the start to avoid this.
On the other hand, if you Advanced Provisioning Allowance has not been fully expended, the remaining funds will be retuned, typically yo your bank account or credit card.
What happens if your charter is cancelled?
In the unlikely circumstances of cancellation before the charter, the Advanced Provisioning Allowance will be refunded in full.
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