TERMS AND CONDITIONS OF SALE

1.  Minimum Billing:  The minimum for any order is $50.

2.  Terms:  Prepayment to be made by Visa, MC, Amex, Check, or Bank Wire Transfer.   COD is acceptable for domestic orders, under $1000, and via UPS only.   Customers may establish an account with negotiated terms based on order history and current order value, subject to credit approval.   

 3.  Collection of Past Due Accounts:  By issuing a purchase order, customer agrees to pay interest at the rate of 2% per month for any invoice not paid within thirty (30) days and further agrees to pay all costs incurred in collecting any past due invoice along with attorney's fees of 25%.  Customer further agrees that the Commonwealth of  Virginia shall have jurisdiction over any and all matters arising out of this business relationship.

4.  F.O.B.:   Richmond , Virginia 23231 , USA or Point of Origin as specified on order acknowledgement.

5.  Delivery:  Lead times quoted are estimated, after receipt of your order and/or payment, and full release for manufacture, based on partial shipments, unless more urgently required.  Please let us know your required delivery schedule.  Expedited orders may be available for certain products; an expedite charge will be added to the order value.

6.  Prices:  Prices quoted are in US currency, are firm for 30 days from the date of quotation, and no taxes or freight are included, unless otherwise indicated.  An order placed within that period will remain firm for the duration of the order provided that you accept shipment upon completion of manufacture.

7.  Shipping:  All freight charges are to be paid by the customer. 

- UPS is our preferred carrier for domestic and international shipments of packages under 150 lbs.

- OLD DOMINION FREIGHT LINE is our preferred carrier for oversized or overweight shipments.

- FED-EX AIR or OTHER CARRIERS may be substituted at your request.

- There is a $15 surcharge for shipments via FED-EX GROUND.

8.  Order or Line Item Cancellation:  After order entry but before shipment, the policy is to charge for all expenses incurred as a result of a customer change, with a minimum charge of 25% of the selling price for cancellation of standard stocked products.  For non-standard products, after manufacturing has begun, additional surcharges up to 100% of the selling price will be paid by the customer. 

9.  Return Material:  After shipment, standard stocked products may be returned only if they are in a new and unused condition and in the original packaging.   Upon factory inspection and approval, a restocking fee will apply, as follows:

1 to 30 days after the invoice date = 35% of the purchase price.

31 to 90 days after the invoice date = 50% of the purchase price.

Over 90 days from the invoice date = No returns are allowed.

No returns are allowed for special ordered, non-standard, or not readily consumable products.

10.  Warranty:  Our products are under warranty for manufacturer’s defect for 90 days from date of shipment, unless otherwise specified.  Warranty is limited to repair or replacement at the discretion of the manufacturer without charge for labor or materials.

11.  Sales Tax:   Power Equipment Company is under legal obligation to collect and remit sales tax for products shipped within the state of Virginia , unless the customer submits an official exemption certificate.  Power Equipment Co. will not reimburse or credit customers for taxes charged after an invoice has been generated.

12.  Terms and Conditions are subject to change without notice.