STANDARD TERMS & CONDITIONS OF SALE
The following terms and conditions listed below automatcally become an integral portion of quotation unless specifically otherwise stated in body of quotation.
QUOTATIONS:
Written quotations are submitted for acceptance within 30 days from the date of issuance, or within any other period of time as may be specified in the quotation. Our recommendations will be prepared on the basis of technical data available on your product and application at time of inquiry. The Company assumes no liability for fitness of purpose when insufficient or incorrect data has been supplied at time of inquiry. All quoted prices are f.o.b. the Company’s Plant, Willoughby, Ohio, unless otherwise specified in our quotation.
ORDERS:
In the event that contrary language is contained in the Buyer’s purchase order, confirming order, or terms and conditions of sales, each purchase and sale transaction shall be governed exclusively by the Company’s Standard Terms and Conditions of Sale. All orders must show complete description of equipment, quantity, price, and shipping date(s) required by the Buyer.
TERMS OF PAYMENT:
PARTS: Terms of payment are net thirty (30) days from the date of invoice, unless otherwise stated in the Company’s quotation.
EQUIPMENT: Terms of payment are 50% down with purchase order and prior to release of approval drawings. Additional 40% prior to shipment and balance Net 30 days, subject to credit approval, unless otherwise stated in the Company’s quotation. An additional 2% charge will be applied on all accounts over 30 days.
DELIVERY:
The shipping dates given by the Company are approximate, and the Company will use its best efforts to meet such dates. The Company shall not be liable for delay or non-delivery due to causes beyond its reasonable control, by tardy approval drawings, and including but not limited to acts of God, casualty, acts of civil or military authority, labor disputes, transportation or material supply difficulties or any interruption of its facilities due to extended power failures, lack of fuel, governmental laws, ordinances, rules and regulations whether valid or invalid. Quoted delivery based upon the manufacturing backlog at the time of quotation. Committed delivery based upon the receipt of a formal purchase order and all applicable conditions listed below.
- Receipt of a purchase order and down payment
- Receipt of a signed and dated copy of the general engineering layout drawing.
- Receipt of all drawings required by the Company in order to complete engineering including, but not limited to; assembly, electrical and pneumatic.
- Approval drawings require signature & date.
- Receipt of requested test parts at least four (4) weeks before scheduled delivery.
CHANGES TO ORDER:
Any deviations from customer furnished part samples and/or part prints used for quotation purposes may necessitate a change in quoted prices. All modifications requested that were not included in the original project quotation will be charged on a time and material basis.
TAXES:
Quoted prices do not include any applicable Federal, State, Local, Use, Excise or any other similar taxes. The Company does not assume responsibility for the collection and payment of such taxes. The Company requires a tax exemption certificate submitted with the purchase order.