Standard payment terms for sales starting January 1, 2012
Product and Installation
50% of total due to initiate order.
40% of total due upon product shipment (one month before shipment – net/30 days terms)
10% upon completion of project and signed off punch list(s) – Net/15
Installation Only
90% of total due when installation is substantially complete (invoiced one month before shipment – net/30 days terms)
10% upon completion of installation and signed off punch list(s) – Net/15
Product Only
50% of total due to initiate order.
50% of total due upon product shipment
-or-
100% of total due to initiate order
Change orders
May require a separate quotation, see above for payment terms
Manufacturer and Canter cancellation/restocking fees may apply depending on situation
Total due = total order value per signed estimate or customer issued purchase order
