- MINIMUM ORDER: None
- PRICE CHANGES: PRICES ARE SUBJECT TO CHANGE WITHOUT PRIOR NOTICE. Any PRICE DISCREPANCIES must be reported to Construction and Electrical Products Inc. within FIVE BUSINESS DAYS after receipt of invoice.
- FREIGHT: All orders are F.O.B. factory, unless merchandise is purchased at book price. Prepaid freight can be paid to one destination for orders valued as follows: Florida. To Florida $1,500.00, East of the Rocky Mountains $2,000.00, and $3,000.00 West of the Rocky Mountains.
- TERMS: Net 20 or Net 30 days from the date of the invoice. Invoices not paid within Construction and Electrical Product Inc’s stipulated terms are subject to a 1-1/2% finance charge per month on the outstanding balance. All costs resulting from, including attorney’s fees, court costs, appellate costs, the collection of any monies due from the Buyer, will be the responsibility of the Buyer.
- RETURNS: Materials returned for credit or exchange will be accepted only under the following conditions:
-Returned materials for credit or exchange are subject to a restocking charge of 20% plus any freight charges originally incurred by Construction and Electrical Products Inc. in the delivery of the said materials.
-Material shortages must be reported within FIVE DAYS of receipt.
-Materials must have been purchased within 60 DAYS from the invoice. SLOW MOVING items and SPECIAL ORDERS for products not listed in Construction and Electrical Products Inc’s. website CANNOT BE RETURNED.
-Prior to returning any product, Construction and Electrical Products Inc. approval must be obtained. Freight carrier must also be approved by Construction and Electrical Products Inc.
-Materials received by Construction and Electrical Product Inc. without prior approval and authorization number will be returned, freight collect to the Buyer.
All freight charges must be paid by the Buyer. If Construction and Electrical Products Inc. determines the product(s) to be defective, Buyer’s account will be credited, including freight charges.
- WARRANTY AND LIMITATION OF LIABILITY: Construction and Electrical Product Products Inc. shall not be liable for any injury, loss or damage, direct, indirect, incidental, or consequential, or arising out of the use of, or misuse of, negligence, accident, or inability to use of any Construction and Electrical Products Inc. products.
- DELAY: Construction and Electrical Products Inc. shall not be liable for any failure or delay in delivery by any reason beyond the control of Construction and Electrical Products Inc. or its suppliers. Definition of control is at the sole discretion of Construction and Electrical Products Inc. in the event of delay deemed by Construction and Electrical Products Inc. to be under its control, liability is limited to $160.00 maximum or the cost of shipping the delayed materials expediently, whichever is less, at the sole discretion of Construction and Electrical Products Inc.
- TITLE AND RISK OF LOSS: Risk of loss shall pass to the Buyer upon delivery. Until payment is made fully, Buyer for the product, title to the product shall remain Construction and Electrical Products Inc. Until the total purchase price for the product sold hereunder is paid by the Buyer, Construction and Electrical Products Inc. shall be and is hereby granted by the Buyer, a purchase money security interest in such product. The Buyer further agrees to execute such financing statements and other documents as Construction and Electrical Products Inc. may reasonably require in order to perfect such security interest. The Buyer authorizes Construction and Electrical Products Inc. to file such financial statements with respect to such security interest without additional signature of the Buyer whichever such filing is permitted by law. Furthermore, Buyer hereby irrevocably appoints Construction and Electrical Products Inc. as its agent for the purpose of filing any financial statements required by Construction and Electrical Products Inc. in order to perfect its security interest herein provided for.
- VENUE: Venue shall be in Broward County, Florida for any actions taken under these terms of sale.
- ACCEPTANCE OF TERMS AND CONDITIONS: Purchase of any product sold through Construction and Electrical Products Inc., implies complete and unconditional acceptance by the Buyer of terms and conditions of sale as stated herein.