Camtec Precision Inc, Logo

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         Camtec@qwestoffice.net


ENGAGEMENT TERMS

Camtec Precision, Inc. is pleased to serve all our customers. The information provided below are Camtec’s “Engagement Terms.” These terms and conditions represent our agreement to provide services not limited to prototype development, machining, manufacturing and/or other services. These terms, practices and procedures will apply to all customer accounts unless we have reached a different written understanding.


Basis For Shop Fees

Services provided by our company are charged at an hourly rate unless a specific job quote is issued and agreed upon.

Costs

It is our policy to serve our customers through the most effective support systems available. In addition to fees noted above, we also charge for materials, services and/or processes incurred on our customer’s behalf.

Deposit

In the case of certain types of jobs (specifically large jobs or ongoing jobs), we ask that our customers provide us with a deposit to cover our job start-up costs. Should we require a deposit, we will use those funds for purchase of materials and labor to begin the job.

Invoices and Payments

Camtec Precision, Inc. typically bills at the completion of each job, and payment is due within thirty (30) days or as agreed in a job quote. We add a late payment charge of twelve percent (12%) per annum to account balances not paid within thirty (30) days of the invoice.

We give prompt notice if accounts become delinquent. If delinquency continues on any account, and no arrangements for satisfactory payment terms are defined, we retain the right to pursue collection. If we are required to take any action to collect fees or disbursements due us, the customer will be responsible to pay the cost of collection, including our costs, filing fees and a reasonable attorneys’ fee.

Conclusion

We pride ourselves on developing a solid working relationship with our customers and, therefore, we solicit your input, good or bad. We encourage our customers to tell us about any concerns you have now or at any time in the future.