ABOUT US > Terms of Trade
THE MARKET LEADERS IN ROAD MARKING INNOVATION AND TECHNOLOGY |
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Terms of TradeTerms and Conditions
VALIDITY AND ACCEPTANCE
A quotation is valid for 90 Days from the date of quotation. A quotation is only valid upon receipt by Coastline Markers Ltd of the enclosed acceptance form. Work will only proceed on receipt of the enclosed acceptance form. Coastline Markers Ltd may cancel an accepted quotation, by notifying the client in writing, at any time prior to commencing work.
PAYMENT, INTEREST AND RETENTIONS
Where Coastline Markers Ltd submits a monthly payment claim for work in progress (as referred to in the payment claim), the client must pay Coastline Markers Ltd the amount claimed in full before the 20th of the following month.
Where Coastline Markers Ltd submits a final payment claim on the completion of the works to the client, the client must pay Coastline Markers Ltd the amount claimed in full within 5 working days of the receipt of the final payment claim.
Coastline Markers Ltd reserves the right to charge interest on all overdue payments, compounding monthly at 5% above the overdraft interest rate of Westpac Current Variable Rate existing at the time of default.
The client is not entitled to deduct, set off or retain any amounts or withhold retentions from payments, unless otherwise specified in a quotation.
VARIATIONS
Any variation to a quotation must be agreed in writing by the client and Coastline Markers Ltd.
INCREASED COSTS
A quotation is based on current material, labour, freight and overhead costs. Coastline Markers Ltd reserves the right to charge the client any increased costs which may arise after the date of the quotation.
CREDIT
A quotation is not an offer of credit. Coastline Markers Ltd may require the client to satisfy the Coastline Markers Ltd credit requirements before work commences. Coastline Markers may withdraw the credit facility from the client at any time.
OWNERSHIP
Until the work is completed and payment is received in full, Coastline Markers Ltd retains legal ownership and title to all goods supplied and improvements effected and is entitled to remove such goods and improvements from the site.
Once the work has been completed and Client or Main Contractors Site Representative has agreed that the works have been competed in full and as required the works then become the property of the Client and Main Contractor.
DISCLAIMER
Coastline Markers Ltd undertakes to exercise all reasonable care in minimising damage to the client’s property. Allowance has NOT been made for the following conditions, unless otherwise specified in this quotation:
Standing time at the request of the Client or Main Contractor.
Any repairs to the surface following high prerssure water removal.
If during the course of work, any of the conditions under clause COSTS is encountered, Coastline Markers Ltd will cease work immediately and supply the client with an estimate of costs to overcome it. The client is entitled to accept the estimate or terminate the work. In the event of termination, the client will pay Coastline Markers Ltd all costs incurred for work carried out to the date of termination and for any work required to reinstate the property.
Coastline Markers Ltd accepts no responsibility for damage to any surfaces or adjacent property, unless otherwise specified in this quotation
COSTS
The client shall pay all costs, charges, and expenses (including legal costs) incurred by Coastline Markers Ltds in consequence of or in connection with any breach or default by the client in the performance of any of these terms and conditions.
CONSENTS AND BOUNDARIES
The client must provide Coastline Markers Ltds with copies of all resource or building consents relevant to the site and works.
The client is responsible for defining all boundary and survey marks/pegs necessary for the completion of the works.
GENERAL
If any other matter arises in the performance of the works which is not covered in these terms and conditions, or in the event of a dispute, NZS 3910:2003 Conditions of Contract for Building and Civil Engineering Construction (inclusive of all amendments) or, where no person is appointed to act as Engineer to the contract, NZS 3915:2000 Conditions of Contract for Building and Civil Engineering Construction (inclusive of all amendments), will apply.
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