International Purchase Procedures
THE JOHNSON GAGE COMPANY
INTERNATIONAL PURCHASE PROCEDURES:
Effective: October 14, 2016
- Upon acceptance of a Customer Purchase Contract, Johnson Gage will prepare and forward a Pro Forma Invoice for payment for Goods and/or Services. There are two methods that may be selected for settlement of the Invoice:
- Complete payment of Invoice less a Pre-Payment Discount of 2% of the total invoice balance. If this option is selected, no manufacturing will begin until funds are received, accepted, and cleared by our designated party for acceptance of payment Bank of America, Bloomfield, Connecticut, USA. See Paragraph.8.
- 50% Payment of Pro Forma Invoice Total upon presentation of Invoice, Balance of Pro Forma Invoice due prior to release of goods from factory. No manufacturing will begin until initial receipt of funds is received, accepted, and cleared by Bank of America, Bloomfield, Connecticut, USA. Upon completion of the manufacturing process and goods are available for shipment, Johnson Gage will present a Pro Forma Invoice for the balance of the Purchase Contract. Payment shall be received, accepted, and cleared by Bank of America, Bloomfield, Connecticut, USA prior to release of goods. See Paragraph 8.
- All payments shall be made in US Dollars, the legal tender of The United States of America.
- Shipment/Delivery Terms.
- FOB: Bloomfield, Connecticut, USA. All Shipping Charges Are Destination Collect or Pre-Paid
- Customer must advise method of shipment, carrier, customs broker if applicable, and account number.
- Pro Forma Invoices, standard and normal shipping documents such as Bills of Lading or common carrier waybills (FedEx, DHL, or UPS) are part of the normal business process, and will not carry any additional fee. If more extensive documentation is required, and is not supplied by the purchaser/customer, Johnson Gage will add a $250.00 fee for foreign shipment documentation to all international transactions. Imposition of this additional fee is at the sole discretion of Johnson Gage.
- Insurance, duties, and taxes related to the shipment of the Purchase Contract are the responsibility of the purchaser.
- Complete product documentation for all standard Johnson Gage products is supplied at no charge to customer. Documentation will include, but is not limited to Gage Setting and Operating instructions. Charges and fees for documentation of special gage configurations will be billed as a separate line item on the purchase invoice.
- On-site instruction and training by direct Johnson Gage personnel is available for additional fee.
- Electronic Funds Transfer (EFT) in US dollars shall be transferred to Johnson Gage per the following: