By accepting a quotation to purchase items from ProSpeed Precision Limited (the supplier), you (the client) are also accepting the following terms and conditions:
Payment Terms and Conditions -
The supplier considers a payment as being late after 60 days of non-payment after the invoice due date using the guidelines stated at https://www.gov.uk/late-commercial-payments-interest-debt-recovery. The supplier also reserves the right to charge an interest rate of 8% plus the current bank of England base rate as stated at https://www.gov.uk/late-commercial-payments-interest-debt-recovery/charging-interest-commercial-debt for any outstanding balance and charge for any additional costs in recovering the debt as stated at https://www.gov.uk/late-commercial-payments-interest-debt-recovery/claim-debt-recovery-costs.
Terms and Conditions upon Quotation and Invoice acceptance.
The supplier will supply goods as quoted and accepted by the client on the delivery date stated on the quotation, if the delivery date is not able to be met then the supplier will notify the client as soon as this becomes apparent and will work with the client to set a new delivery date, that is acceptable for both parties.
Invoices will be issued with the delivery of goods with the payment due date and terms stated on the invoice.
Any defects with the goods must be notified to the supplier as soon as they are recognised, if this is within 30 days of invoice the supplier will rectify these defects free of charge. If outside of 30 days from invoice the supplier reserves the right to charge for any costs incurred whilst rectifying the defects, up to the total cost of the original invoice.