Timber & Plywood - Terms & Conditions
The following Conditions shall apply to all Contracts of Sale between Timber & Plywood Services Ltd (“TPS”) and the customer (“the Buyer”) unless and only to the extent that any condition is expressly modified in the Quotation by TPS and/or Confirmation of Order by TPS. These conditions cannot be overruled by any Conditions stated in the Buyer’s official order unless these are accepted by TPS in writing.
1. Contract – The documents constituting the Contract of Sale are the quotation, if any, by TPS and the Order by the Buyer. Any amendments suggested or stipulated by the Buyer shall only be deemed to be adopted following written confirmation from TPS.
2. Prices – The price of goods specified in the Quotation is ex works and ex value added tax (“VAT”). Any costs incurred in the delivery of goods and relevant VAT charges are for Buyer’s account.
3. Payment Terms – Credit Accounts: Unless otherwise stated in writing, credit account payment is due on a Nett Monthly Account (“NMA”) basis: ie goods received during the course of any particular month are due for payment on the last day of the following month. In the case of Nett 2 monthly Accounts (sometimes referred to as “60 day accounts”) terms, are as for “NMA’s” but extended by one calendar month.
Cash Sales: Payment is due on or before the receipt of goods.
4. Supplier’s Liability – TPS will only accept liability for defective/damaged goods/services supplied by TPS and which have been notified to TPS in writing within 48 hours of receipt of said goods/services. TPS will not be liable for any consequential losses which may arise from a buyer receiving goods from TPS.