Terms & Conditions
Terms and Conditions of Sale
Fluid Precision Pty Ltd (ABN 466 081 990 24)
85 Kabi Circuit, Deception Bay, 4508, Queensland, Australia
Ph: (+61 73180 3318)
A. APPLICABILITY
a. These terms and conditions of sale (“Conditions”) govern the supply of all goods and services by FLUID PRECISION PTY LTD ABN, 46608199024 (“FLUID PRECISION”) to the customer (the “Customer”).
b. These terms and conditions of sale shall prevail over any term or condition expressed or implied to the contrary by the customer whether in an order, letter, tender document, in negotiations, or otherwise.
c. No variation of these Conditions shall bind Fluid Precision unless made in writing and signed by a duly authorised officer of Fluid Precision.
B. QUOTATIONS
a. A quotation submitted by Fluid Precision with a copy of these terms and conditions of sale shall constitute an offer.
b. Acceptance of the offer shall take place and a contract shall be formed when the customer signs and returns the copy of these terms and conditions of sale or submits a purchase order.
c. Any modification to a quotation will be effective only if it is expressed in writing and signed by a duly authorised officer of Fluid Precision.
C. ADVICE
a. Subject only to the warranties implied by law. Any advice, recommendation, information or assistance (collectively referred to as “advice”) provided by Fluid Precision in relation to the goods sold or services supplied by it, or any advice in relation to the use, application, suitability, performance or tolerance (collectively referred to as “performance”) of the goods or services is limited always to the particular purpose made known by the Customer for which the goods or services are being acquired, is given in good faith but without any liability or responsibility on the part of Fluid Precision.
D. PRICES
a. The Customer is required to pay the price for the goods and services to Fluid Precision in Australian Dollars. If Fluid Precision quotes subject to exchange rate variation then any variation from the rate quoted to the rate paid by Fluid Precision to its suppliers shall be to the benefit or detriment to the Customer.
b. All prices for the goods and services exclude the following costs:
i. any statutory charges, goods and services taxes, sales and other taxes, duties or impost levied in respect of the goods and services and their supply, and
ii. the costs of freight, delivery, transportation, packaging, shipping, clearance fees and other costs, charges and expenses incurred by Fluid Precision in the course of delivery or supplying the goods and services to the Customer.
c. If any of the costs in Clause D (b) are incurred by Fluid Precision but have not been allowed for by Fluid Precision or by the manufacturer engaged by Fluid Precision in the course of manufacture of the goods, in calculating the price, then such costs shall be added to the price and payable by the Customer.
d. If Fluid Precision has not specified the price to be charged to the Customer at the time that the Customer places its order, the price(s) charged to the Customer shall be the price currently charged by Fluid Precision for similar goods and/or services or if there is no such current price, then the price shall be that assessed by Fluid Precision, acting reasonably.
E. DELIVERY OF THE GOODS
a. Delivery is to be affected either by delivery of the goods to the Customers’ premises or nominated delivery site or by collection of the goods from Fluid Precision premises by the Customer or its common carrier.
b. The Customer acknowledges that:
i. delivery dates are estimates only and Fluid Precision shall not be liable for any delay in delivering goods ordered by the Customer; and
ii. delivery of the goods will be delayed by a period commensurate with the Customer’s delay in providing Fluid Precision with all necessary specifications.
c. If the Customer is unable to or fails to accept delivery of the goods, Fluid Precision may deliver them to a place of storage nominated by the Customer, and, failing such nomination, to a place determined by Fluid Precision. Such delivery shall be deemed to be delivered to the Customer. The Customer shall be liable for all costs, charges and expenses incurred by Fluid Precision on account of storage, detention, double cartage/delivery or similar causes if these costs are caused by the Customers inability or failure to accept delivery of the goods when delivered or ready for delivery by Fluid Precision.
d. The Customer agrees that it will be obliged to and shall pay for the goods on the due date for payment notwithstanding that delivery is made after the delivery date specified.
F. RISK
a. All risk in the goods shall pass to the Customer upon delivery.
b. The Customer’s assumption of risk in the goods so delivered shall not be interpreted as inconsistent with the retention of Fluid Precision’ title in those goods pursuant to Clause I.
c. The Customer must indemnify Fluid Precision in respect of any loss or damage to the goods occurring after the goods leave Fluid Precision’ premises.
G. CANCELLATION
a. Subject to Clause G (b), the Customer may not cancel or suspend any part of any order or sale without Fluid Precision written consent.
b. If an order or sale is suspended or cancelled, the Customer must reimburse Fluid Precision what Fluid Precision considers being a fair and reasonable amount to fully compensate Fluid Precision for any costs, charges, expenses, loss of profit and consequential damage that Fluid Precision has or may suffer in relation to such suspension or cancellation.
c. The Customer acknowledges that in the event that it:
i. becomes insolvent; or
ii. enters into any form of external administration as recognised by the Corporations Law or the Bankruptcy Act 1966; or
iii. is named as a debtor to any winding up or bankruptcy petition or commits any act of bankruptcy
Fluid Precision shall, in its absolute discretion be entitled to cancel or suspend the sale as it sees fit.
H. PAYMENT
a. The Customer must pay the full price of all goods and services ordered by the Customer from Fluid Precision and any costs incurred by Fluid Precision pursuant to Clause E of these Terms and Conditions of Sale within 30 days from the date of the invoice, save in the case of non-account/cash sales in which cases the customer must pay in the manner following as deemed by Fluid Precision at the time of sale:
i. Payment in full prior to despatch of goods.
ii. As to a deposit of 30% of the purchase price, when the order is placed; and
iii. As to the balance of the purchase price prior to the despatch of the goods.
b. The Customer shall pay for the whole of the value of the order as invoice when the same is due for payment notwithstanding that the Customer may have directed that delivery of the goods be staggered over different times, to different addresses or that the Customer may not have signed a receipt for the whole or any part of the goods.
c. Time for such payment shall be the essence of the Contract.
d. The customer must pay an account keeping fee equivalent to 2.5% per month on any money not paid when due which said fee shall be calculated and invoiced weekly.
e. In the event that Fluid Precision considers the credit of the Customer is unsatisfactory or the Customer fails to pay any amounts due, then:
i. Fluid Precision may:
1. require security for the payment of the price and may without notice withhold delivery of goods or supply of services until such security is received.
2. terminate any or all subsisting contracts between Fluid Precision and the Customer without liability to the Customer.
ii. The Customer shall, in addition to the amount owing and without prejudice to all or any of the Fluid Precision other rights and remedies under the Contract, pay:
1. interest on all amounts outstanding, due and payable to Fluid Precision at the rate equal to that specified from time to time by Fluid Precision’ primary bank as its “Overdraft Reference Rate” and if no such rate then exists, at the rate charged by Fluid Precision’ primary bank on overdrafts in excess of $100,000.00 calculated from the date such amount falls due until it is received in full by Fluid Precision; and
2. all costs, charges and expenses incurred by Fluid Precision in recovering unpaid amounts or otherwise enforcing or attempting to enforce any of its rights under these Conditions, including all legal costs calculated on a “Solicitor and Own Client” basis; and
iii. The Customer shall deliver up the goods to Fluid Precision upon receipt of a demand in writing. In the event that the Customer does not comply with the demand within 1 business day of receipt of the demand, Fluid Precision shall be entitled to enter upon the Customer’s premises at any time to do all things necessary in order to take possession of the goods. The Customer shall be liable for all costs of and associated with the exercise of Fluid Precision’ rights under this clause, which shall be payable on demand.
f. In the Event that:
i. An invoice remains unpaid after the due date; or
ii. The Customer is subject to an insolvency event
Then in either of such cases Fluid Precision may:-
1. At the Customer’s expense, recover possession of the goods to which the unpaid invoice relates, and/or may take possession of any other goods of equivalent value which Fluid Precision has previously supplied to the Customer.
2. Enter upon the Customer’s premises for the purpose of taking possession of the subject goods.
3. In Fluid Precision’ absolute discretion, otherwise dispose of the subject goods.
Fluid Precision shall not be liable to the Customer for any damage or loss arising directly or indirectly out of the exercise by Fluid Precision or its agents of its rights and powers under this Clause H.(f)
For the purposes of this Clause, the expression “insolvency event” shall mean:
In relation to a body corporate, a winding up, the appointment of a voluntary administrator, receiver, manager or similar insolvency administrator to a party or a substantial part of its assets, or in relation to an individual, becoming bankrupt or entering into a scheme or arrangement with its creditors or, in relation to a body corporate or an individual, the occurrence of any event that has substantially similar effect to any of the above events.
I. RETENTION OF TITLE
a. Subject to Clause I (b), and unless otherwise notified in writing, the Customer is authorised to sell the goods if it is in the ordinary course of its business to do so.
b. Until full payment in cleared funds is received by Fluid Precision for all goods sold and supplied by it to the Customer, as well as all other amounts owing to Fluid Precision by the Customer:
i. title and property in the goods shall remain vested in Fluid Precision and shall not pass to the Customer
ii. the Customer shall hold the goods as fiduciary Bailee and agent for Fluid Precision; and
iii. the Customer shall keep all goods supplied and delivered to it by Fluid Precision separate from its other property, and in a manner to enable them to be identified but subject to the right to sell provided for in sub-clause a. of this clause.
c. If the Customer sells, disposes of, uses, or receives the proceeds of an insurance claim in respect of the goods then until full payment is made, all monies resulting from such sale, disposal, use, or insurance claim shall be received in trust for Fluid Precision and applied in whole or in part as the case requires to payment to Fluid Precision of all amounts outstanding on Fluid Precision’ invoices to the Customer.
d. The goods remain Fluid Precision’ goods notwithstanding that they may have been machined, cut or attached to other goods not the property of Fluid Precision.
e. If the Customer combines or incorporated the goods with other goods (not being the property of Fluid Precision) before full payment in cleared funds is made to Fluid Precision, so the Fluid Precision’ goods become mixed with goods of another, then in the event that the Customer has not fully paid for the goods by the due date for payment, then the Customer hereby authorises Fluid Precision to dismantle and remove its goods from the other goods and to enter a customer’s premises for that purpose.
f. Fluid Precision shall have a lien on all goods of the Customer in its possession for as long as any amounts remain outstanding on Fluid Precision’ accounts or invoices to the customer.
J. SECURITY INTEREST
The Customer hereby grants Fluid Precision a security interest (as that term is defined in Section 12 of the Personal Property Securities Act 2009) in the goods securing the Customer’s obligation to pay the purchase price for the goods.
K. LIMITATION OF LIABILITY
a. Nothing in these Conditions shall be read or applied so as to exclude, restrict or modify any condition, guarantee, and warranty, right of remedy implied by law where to do so would contravene the law or cause any part of these Conditions to be void.
b. All conditions, guarantees and warranties as to:
i. the merchantable quality, condition, fitness for purpose or correspondence with description or sample of the goods; and
ii. the services being rendered with due care and skill;
Which may otherwise be implied by statute, common law or custom of the trade are expressly excluded, except where such exclusion would contravene the law or cause any part of these Conditions to be void.
c. Subject to Clause K (a) Fluid Precision excludes all liability for loss or damage suffered by the Customer (whether direct, indirect or consequential) in connection with any defect, deficiency of whatsoever nature in the goods and services, or the manufacture, design, supply, acquisition, use or consumption of the goods and services, or any negligent act or omission of Fluid Precision, its officers, employees, contractors or agents.
d. Where Fluid Precision is liable for a breach of a condition or warranty implied by law, Fluid Precision is limited to:
i. in the case of goods, the replacement of the goods, the supply of equivalent goods or the repair of the goods; or
ii. in the case of services, the supply of the services again.
L. CLAIMS AND RETURNS
a. Patent Defects
i. The Customer shall inspect all goods immediately upon receipt of delivery, and, within 7 business days of receipt of goods, shall give notice in writing to Fluid Precision of:
1. the relevant packaging slip/consignment note number and date in respect of the goods the subject of the proposed claim;
2. the date and place of delivery in respect of the goods the subject of the proposed claim; and
3. the grounds upon which the Customer alleges that the goods do not comply with the contract.
ii. In the event that the Customer does not give written notice as aforesaid, the goods shall be deemed to comply with the specifications of the contract and the Customer shall be bound to accept and pay for all goods in accordance with these Conditions.
iii. Disposal or use of any part of the goods in an order which is the subject of a claim shall constitute acceptance by the Customer of the whole order. The Customer acknowledges and agrees that it cannot and will not make a claim against Fluid Precision unless at the time of the claim all the goods the subject of the relevant Contract remains intact as a whole.
iv. Upon giving written notice referred to in Clause L (a.) (i.), the Customer hereby grants to Fluid Precision full and unimpeded access to the premises of the Customer to enable representatives of Fluid Precision to investigate any claim by the Customer. Such investigation shall not constitute or be construed as an admission of liability by Fluid Precision.
v. After receipt of such notice and after investigation by its representatives, Fluid Precision may accept the return of the goods the subject of the claim except in the case of Specialty Manufactured Goods which may not be returned. It would then be the case that any defect in Specialty Manufactured Goods would be dealt with in the same way as any other defective goods, except that they may not be returned.
vi. Any liability incurred by Fluid Precision as a consequence of the Customer’s claim shall at the option of Fluid Precision be limited to either replacement of the goods or a credit for the invoiced value of the goods in favour of the Customer, notwithstanding that the liability may have been incurred by reason of Fluid Precision’ error, omission, negligence or recklessness. In the event that Fluid Precision grants a credit for or replaces the goods, Fluid Precision shall have the right to retake possession of the goods and the Customer shall deliver up those goods to Fluid Precision.
b. Latent Defects
i. In the event that any defect in the goods is not apparent until after the goods have been machined, worked or cut, the Customer shall give written notice of the alleged defect to Fluid Precision as soon as it becomes aware of that defect. Upon giving the written notice referred to herein, the terms of Clause L (a.) (iv.), L (a.) (v.) and L (a.) (vi) shall apply. In the event that Fluid Precision is inclined to credit the invoiced value of or replace the goods, Fluid Precision shall have the right to take possession of the machined, worked or cut goods and the Customer shall deliver up those goods to Fluid Precision.
M. FORCE MAJEURE
If for reasons beyond its control Fluid Precision is prevented or hindered from delivering the goods or supplying the services (or any part thereof) by reason of any acts of god, wars, insurrection or internal disturbances, fire, floods or accidents, breakdowns of plant or machinery, unavailability of or delays in shipping or other transport strikes or lock-outs of workmen, shortages or other default by suppliers of fuel, power or raw material,, priority for supplies claimed by the Federal or State Governments or the Commonwealth of Australia or any overseas government, or any other happening or event then:
a. Any delay in such delivery or supply thereby suffered shall not give rise to any cause of action by the Customer against Fluid Precision.
b. During the period such delay continues, and subject always to Clause G, Fluid Precision and the Customer shall each have the option to suspend or cancel any outstanding obligations of the sales on either of their parts provided that:
i. The delay has continued for no less than 180 days after the delivery date specified by Fluid Precision;
ii. Written notice shall be given by the party exercising such option;
iii. on any such suspension or cancellation by the Customer, any goods or services appropriated to the Contract by Fluid Precision, whether partly or fully processed at the time of such suspension or cancellation, shall be accepted by the Customer when delivered by Fluid Precision;
iv. In the case of cancellation, the Customer shall be entitled to a credit against purchases in relation to any sums paid by the Customer in respect of goods and services subject to the cancellation and not subsequently delivered by Fluid Precision pursuant to Clause M (b.) (iii.); and
v. The Customer shall accept and pay for all the goods and services, which Fluid Precision has supplied or which Fluid Precision in its judgment is then able to supply.
N. MISTAKE
Any mistake on any quotation, order, invoice, delivery docket or other document issued by Fluid Precision in relation to the Contract shall not be binding on Fluid Precision and Fluid Precision may in its discretion issue such amended document as is required to rectify the mistake. The Customer shall comply with Fluid Precision’ amended document.
O. ACCESS
The Customer irrevocable grants to Fluid Precision authority to enter into, forcibly or otherwise, all of the owned and leased premises of the Customer for the purpose of inspecting or removing (subject to the terms of the Contact) any goods of Fluid Precision.
P. LAW INTERPRETATION
a. The Contract is to be interpreted according to the laws of the State or Territory from which Fluid Precision’ goods are supplied to the Customer.
b. Singular includes the plural and vice versa and reference to any gender includes any gender.