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Terms & Conditions of Sale
TERMS AND PRICES
a) Terms and payment on all orders are subject to the approval of Fantech’s
credit department and, unless otherwise stated, are NET 30 days from the
date of invoice without regard to the date of delivery of the Products. All
orders will be COD prior to credit approval. No prox billing. 1-1/2% charge
on all invoices over 30 days.
b) Prices and deliveries are FOB Fantech warehouse, or as otherwise stated,
and the risk of loss and damage shall pass to Buyer upon the delivery to the
carrier.
c) Buyer shall pay Fantech the amount of any sales, use or any other local,
state or federal taxes which arise from the sale or delivery of the Products.
d) All pricing will be according to the current Fantech price list. Verbal quotes
obtained via telephone are not binding, and subject to correction by the
current printed Fantech price list. Unless a pricing quote is in writing from
Fantech, the prices on the current price list supersede all prior price quotes.
e) Individual Project or Job quotes are subject to expiration 30 days from date
of the quote unless otherwise stated.
f) The prices of any Product are subject to increase by Fantech to reflect
increased costs of labor, raw materials, components, parts, overhead and
other expenses.
g) Fantech reserves the right to change prices and specifications without notice.
h) No order will be shipped if any invoices are past due.
i) Next day or second day air shipments received after 12:00 PM EST are
processed the following work day.
SHIPPING AND DELIVERY
a) Buyer’s receipt of any products delivered by Fantech shall be an unqualified
acceptance of, and a waiver by Buyer for any and all claims with respect to,
such Products on the earliest to occur of 1) payment for the Products, or 2)
failure of Fantech to receive notice in writing of shortages in the Products
within ten (10) days of their delivery to Buyer.
b) UNDER NO CIRCUMSTANCES WILL FANTECH BE RESPONSIBLE FOR
CONSEQUENTIAL OR INCIDENTAL DAMAGES ARISING OUT OF OR
OWING TO ANY DELAYS IN DELIVERY.
MINIMUM ORDER REQUIREMENTS
Traditional Distributors
$200 Minimum order (orders will be raised to $200.00 if order is < $200)
Internet Distributors
$500 Minimum order ($100 handling change will be applied for orders < $500)
FREIGHT POLICIES
There are two classifications of products in this price list: Class 1 and Class 2.
fantech
FREIGHT ADDER
1 6.5% of List Price
2
3
7.0% of List Price
8.5% of List Price
3
2
3
1
2
AttEntion Purchasing Agent:
Please, refer to the Fantech Excel version pricing sheet for Product Class
Designations.
Class 1 Products
Fantech will prepay freight on orders of $2000 or more at net invoice pricing.
For order less than $2000 NET freight charges will be calculated based on
destination of shipment and added to invoice or shipped Collect. Please, refer to
the three distinct zones indicated on the map at right and the FREIGHT ADDER
CHART to calculate charges. Inquire with your Fantech Sales Representative
how to qualify for Class 1 prepaid threshold at $1,250 NET (orders without
ERV/HRVs).
Class 2 Products
Fantech will prepay freight on orders of $10,000 or more at net invoice pricing.
For order less than $10,000 NET freight charges will be calculated based on
destination of shipment and added to invoice or shipped Collect. Please, refer to
the three distinct zones indicated on the map at right and the FREIGHT ADDER
CHART to calculate charges.
An order with a combination of Class 1 Products & Class 2 Products
where the total Net invoice is less than $10,000:
Items that would have qualified for Freight Allowed such as $2,000 of Class 1
items will ship Freight Allowed. Balance of order will be charged freight and
handling.
Freight Allowed is valid within the continental US only: no order will be freight
allowed to Alaska, Hawaii, Canada, Puerto Rico, or any other location outside
the continental US.
This freight allowed is valid within the continental U.S. only; no order will be
prepaid to Alaska, Hawaii, Canada, Puerto Rico, or any other location outside
the continental U.S. Freight allowed shipments will be shipped by best way
“ground” as determined by Fantech. For special or nonstock products check with
Fantech Customer Service. Orders which include special or nonstock Products
will be processed as split shipments with stock items shipped at once and
special or nonstock products shipped when available unless a notation to the
contrary appears on Buyer’s purchase order. If Buyer specifies express or air