STANDARD TERMS AND CONDITIONS OF SALE

CANCELLATION:

50% of the material value will become payable in the event of order cancellation.

STORAGE FEE:

A storage fee of 2 1/2% of the material value will be charged per week against all non-collected and / or non-delivered goods. This charge will become applicable after fifteen (15) days from the agreed delivery date.

NOTE:

Due to significant current fluctuations in the global cost of the principle raw materials used by manufacture of the equipment, this quotation is valid for 15 days only. Thereafter, we will be pleased to reconfirm or amend our prices as necessary upon request.

INSURANCE COVERAGE:

The price does not include any insurance cover related to principal's existing property/goods/material, third party liability, public liability or any other risk.