- Payment Terms: All payments are due at the delivery of order unless agreed upon by both parties. In such case, net terms will be identified on quotes/purchase order. Buyer agrees that any overdue amounts may be subject to a late payment charge on the over due balance of 1.5% per month or such lessor amount as is the maximum rate of interest allowed by law. Buyer shall pay any and all reasonable costs, including collection agency and attorney fees, incurred by Maxprecisionmfg Manufacturing while collecting any delinquent balance.
- Pricing: All prices are quoted based on the information provided to us at the time of quoting. Prices are valid for 30 days. Quoted prices are sensitive to total quantities, delivery frequency and batch size. Any changes to total quantities, batch sizes or delivery requirements from what was quoted may affect the price.
- Lead Time: Lead times quoted are estimated and are not guaranteed. Lead-times may vary due to current workload, material availability, job complexity and quantity of order. Once a Purchase Order is received, prices and current lead times will be confirmed to the buyer. In the case, material is provided by the buyer, lead time starts once all material is received.
- Purchase Order: A written purchase order is required for all orders. All purchase orders will be reviewed against our quotation for accuracy. Any changes to the scope of the project subsequent to the quote will require a re-evaluation of the quote. Initial work on the project will not begin until the requirements of the project are accurately defined, prices are agreed upon and reflected in the purchase order, and all information and materials to be provided by the customer are received.
- Quantities: Buyer agrees to accept over/under runs not to exceed 10% of ordered quantity on each line item. Closer control of quantity requires special arrangements with vendor.
Max Precision Machine Inc
