STANDARD DISTRIBUTOR TERMS and CONDITIONS
April 8, 2019 U.S. Price List
1%10 days, Net 30 days. Any invoice not paid within 60 days will be considered delinquent, and all in-house orders and future orders may be placed on hold until delinquent invoices are paid. A 1-1/2% per month penalty charge or the highest interest rate permitted by applicable law, whichever is less, will be assessed on all balances over 30 days past due. PFERD accepts Visa and MasterCard for initial stock orders only while credit is being approved.
Prices and packaging are subject to change without notice. PFERD is not responsible for incorrect information due to printing or typographical errors.
Orders having a net value of $850 or more will be shipped prepaid. For blanket orders, each release must have a net order value of $850 to qualify for prepaid freight. All shipments will be made via routing of our choice. Requests for more costly transportation routing will result in such items being shipped collect or prepaid and charged on the invoice from the shipping location. Orders with a net value of $1,700 or more will be freight prepaid (F.O.B. Destination) to AK & HI via routing of our choice. Shipments to foreign countries and/or U.S. territories with a net value of $850 U.S. or more will be prepaid to a U.S. continental port of exit.
Claims for shortage, damage or loss must be made within 30 days of invoice date.
Material may be returned only after a Return Goods Authorization number is obtained from PFERD Customer Service. The material must then be returned prepaid to the location designated by PFERD. All goods must be in original factory packaging, of current design and manufacture, and in resaleable condition as ascertained by our inspection department. Goods may be returned only in the amounts specified in the RGA. All approved return authorizations must be received by PFERD INC. 30 days after issue. All returns may be subject to a minimum 15% handling charge or an offsetting order for 150% of the value of the authorized returned material. Reconditioning costs will be deducted from the amount to be credited. We will allow credit at the prices in effect at the time of the invoice. No return will be authorized if the merchandise is over six months old. Non-catalog (special) items cannot be returned.
Returns on slow-moving or overstocked items are limited to 10% of previous year’s purchases. No stock adjustments will be authorized during the last quarter of the calendar year.
Goods furnished hereunder are warranted to be free from defects in material and workmanship for a period of six months after sale. SELLER, at its own expense and option, will either repair or replace any defective goods provided that CUSTOMER has notified SELLER within the applicable six-month period (one year for power tools) and, upon inspection, SELLER has found the goods to be defective. CUSTOMER’s sole and exclusive remedy hereunder shall be limited to such repair or replacement. The warranties contained hereunder are in lieu of all warranties of any kind, either expressed or implied, including but not limited to, all warranties of merchantability and fitness for a particular purpose. Statements, oral or written, by SELLER or its representatives or others do not constitute warranties and shall not be relied upon by CUSTOMER and are not a part of this agreement. CUSTOMER agrees that SELLER shall not be liable for any special incidental indirect or consequential damages or for the loss of profit revenue or other damages caused by defect in the goods sold hereunder.
Specify pricing and EDP numbers when ordering to promote efficiency, eliminate errors and expedite processing and shipping.
Shelf pack quantity orders are required.
Items discontinued from the tool manual may be available as ‘closeout’ items with discounted pricing and available on a first come, first serve basis. A list of the ‘closeout’ items will be published separately and available upon request. Pricing is effective for the available inventory in PFERD’s warehouse at time of purchase. Sale price will be calculated by using the ‘closeout’ price less the agreed upon distributor discount.
SPECIAL ORDER/NON-CATALOG ITEMS:
We will be unable to accept cancellation for special orders without charge and customer is responsible for purchasing all existing inventory should they discontinue purchasing special product. Additional tooling or other costs resulting from customer requests are the responsibility of the customer and will be added to the cost of the product or billed separately.
All abrasives and brushes listed in PFERD catalogs and literature may be dangerous and shall be used in accordance with safety regulations set by OSHA, and the directives described by the American National Standards Institute B7.1, B165.1, Z787-1 and the American Brush Manufacturers Association covering maximum safe speed of brushes, the use of safety guards, eye and Face protection, flanges and mounting procedures. Anyone using any PFERD products must be familiar with the above before using the product.
PFERD Uniform Industrial Code manufacturers numbers:
PFERD abrasives and power tools: 097758
PFERD power and maintenance brushes: 697940
PFERD P.O.P. packaged brushes: 697986
TRADEMARKS & BRAND NAMES:
The following are designs, tradenames, trademarks and names used by PFERD INC.:
- CHAIN SHARP
- TRUST BLUE