Terms & Conditions

PRICES

All quotes are based on a continuous production rate mutually agreed upon. Pricing based on placement of all unique part numbers quoted. Quoted prices do not include special packaging or any compliance testing, (e.g. vibration, environmental, life cycle, etc.) unless specifically requested or identified. Pre-Cap/ Source Inspection (if required) $300/ per visit per inspection.

ACCEPTANCE OF ORDER

NIC (Seller) reserves the right to refuse any purchase order regardless of intent based on prior quotation by Seller. Commencement of work prior to receipt of final purchase order shall not be interpreted as acceptance of order. Any orders received by telephone or email will be accepted and initially processed pending receipt of confirming formal purchase order (signed Purchase Order from Buyer with total charges and for each line item), which must be received with 14 working days.

TERMS OF PAYMENT

All invoices are due and payable Net 30 days from date of invoice unless otherwise negotiated at the time of order placement. No discounts are authorized. Unless credit has already been established, shipment will be made upon receipt of payment in advance. Each shipment shall be considered a separate and independent transaction, and payment therefore shall be made accordingly. NIC accepts payment via check, credit card (VISA, Mastercard and American Express), ACH/ EFT, wire transfers. Payment is ONLY accepted in $US dollars. NIC assumes no liability for bank charges, fees, duties, taxes, tariffs or other miscellaneous charges.

TERMS OF PAYMENT FOR EXPORT (Outside the US)

Unless specific terms have been arranged, full payment is required in U.S. Dollars in advance of shipment, or against irrevocable letter of credit confirmed by a U.S. bank. NIC assumes no liability for bank charges, fees, duties, taxes, tariffs or other miscellaneous charges.

F.O.B. POINT AND SHIPPING METHODS

Unless specified otherwise, all sales are considered to be made F.O.B. Overland Park, Kansas and title passes to the Buyer upon delivery to the carrier. All shipments against an individual Purchase Order must be shipped within one year of placement of order. Damage in transit is handled by the Buyer directly with the carrier. Shipments are made the most economical method using industry practices unless Buyer's specific instructions regarding method and routing are provided in the purchase order.

CHANGE ORDERS AND CANCELLATIONS

Change orders are considered to be in effect after both the Buyer and NIC have reached a mutual agreement as to the effect of the change on price, delivery, or other conditions of the order.

All NIC's products are manufactured to custom specifications provided by Buyer. Thus, cancellation of an order can be made only with NIC's written consent. NIC reserves the right to determine if Buyer will be liable for costs incurred such as WIP, raw material, overhead and general and administrative costs. NIC will stop work promptly upon receipt of written cancellation intent. NIC will provide invoice to Buyer indicating charges incurred from cancelled order. Standard terms of payment will apply once written cancellation notice is provided to NIC.

PUBLISHED SPECIFICATIONS

NIC reserves the right to change, modify, amend or update any and all published specifications, literature, catalogs and other representation made regarding Products offered by the company for general sale at any time.

NIC WARRANTY

Products manufactured by NIC are warranted against defective materials and workmanship for a period of one year from the date of shipment. NIC’s obligation for any defect shall be limited to the repair of the defective part. NIC assumes no liability if defects result from improper use, operation above rated capacities, repairs not made by us, or misapplication of equipment. No other warranty is expressed or implied. NIC neither makes nor authorizes any other person to make any other warranty concerning its products. NIC is not liable for consequential damages. Warranty returns must first be authorized by NIC prior to return and must be returned pre-paid.

The warranty period shall commence on the date of shipment from Seller’s plant and extend one (1) year following the date of shipment. Upon beginning of said warranty period, all customers’ remedies shall be governed by the terms stated or referenced in this warranty. Replacement or repair under warranty does not extend the original warranty. In-warranty repaired or replacement parts or Products are warranted only for the remaining unexplored portion of the original warranty period applicable to the repaired or replaced parts or Products. After expiration of the warranty period, the Customer shall be charged at the then current prices for parts, labor, and transportation.

Repairs and recalibration of NIC products are made at the factory. Before returning any component, please contact NIC directly for the assignment of an RMA number, shipping address, and instructions. All non-warranty returns are subject to a minimum evaluation charge. An additional estimate of the cost to repair is based upon the cost of labor and materials, plus a service charge. Returns must be shipped prepaid to the attention of the Repair Department. All conditions, limitations, actions, and liabilities express or implied in the forgoing NIC “Standard Warranty” apply to all returns regardless of conflicting Customer declarations unless otherwise agreed to in writing by Seller.