Venturo Terms & Conditions

VENTURO TRUCK EQUIPMENT CENTER, LLC

TERMS AND CONDITIONS

 

  • Prices quoted herein will be in effect for thirty (30) days (unless specifically noted on the quotation). However, during this time, prices may be increased according to, but not to exceed, the producer’s price index (PPI) change for steel and/or aluminum between the date of the quotation and the date of the order. Commodity data may be used in conjunction with industry data to determine the increase.
  • Venturo Truck Equipment (“VTE”) ensures all completed vehicles conform to applicable S. Federal Motor Vehicle Safety Standards (FMVSS) in effect at time of manufacture. Customer/end-user is responsible for ensuring this vehicle, when operated, meets all applicable federal, state and local rules, regulations and statutes, including, but not limited to, those governing safety equipment, cargo securement, and accessories.
  • VTE will not be held financially liable for delay in delivery resulting from supply constraints from the chassis and/or equipment manufacturer, labor strikes, carrier delays, or any delays in VTE’s performance due to acts of public enemies, industrial, or civil disturbances, orders of any governmental or military entity, or natural disaster.
  • VTE will provide Customer a notice of release (“Release Notice”) of Customer’s unit(s) (“Vehicle(s)”) and Customer will remove, or authorize VTE to remove, the Vehicle(s) from VTE’s lot within five (5) calendar days of the date thereof. After which time, VTE will not be responsible for any loss or damage thereto, for any reason including, but not limited to, such loss or damage caused by fire, flood, storm, act of God, rodent damage, vandalism, accident, explosion, war, strike, civil or military authority, or any other similar causes.
  • Upon the earlier of (i) five (5) days following a Release Notice or (ii) Customer’s receipt of the Vehicle(s), VTE will be entitled to issue an invoice to
  • Delivery to and acceptance by Customer shall be F.O.B. V T E ’ s final assembly Customer is responsible for any freight, shipping, insurance, and handling charges for such Vehicle(s) unless otherwise specified in the VTE quotation. VTE shall have no liability whatsoever for damage, loss, or deterioration of the Products after delivery of the units to a common carrier, regardless of whether VTE charges Customer for freight. Customer acknowledges that all claims for losses caused by the carrier, including those for inconvenience, delay, or expense, shall only be made against the carrier. In no event shall Customer deduct any amount for damage in transit from the amount due hereunder.
  • Any modifications to the order requested by the Customer must be provided in writing and received by VTE within 30 days of the Order Submission Date. Approved changes must be signed by the Customer using VTE Change Order form with the additional cost. In addition, approved changes may be billed on a separate invoice after the original order has been completed and invoiced in accordance with the process described above.
  • Approved Changes to an Order will be subject to any charges related to the price of goods or additional labor required to implement the Additionally, any delivery timing implications that occur for such change will be estimated by VTE at the time of the change. Customer may be subject to any costs or fees related to any product or material rendered unnecessary after the change.
  • Cancelled orders regardless of reason are subject to a charge for time and material incurred by VTE plus any costs or fees related to returning or disposing of product acquired for the order.
  • In addition, Customer agrees to reimburse VTE’s current lot lease expenses for every day after the date of the Release Notice that the Vehicle(s) remain on VTE’s Customer also agrees to pay VTE for all costs incurred each day (calendar days) after the date of the Release Notice, to maintain the Vehicles in satisfactory (road-worthy) working condition.
  • See quote for payment COD customers require a 25% deposit at time of order and balance due upon completion. Payment arrangements regarding the balance shall be: ACH, wire transfer, certified check, or money order. Balance must be paid in full prior to release of product to Customer.
  • All balances over 30 days old are subject to a 1½% monthly service charge (18% per annum)

Remit Deposits to:

Venturo Truck Equipment Center, LLC
12091 Best Place
Cincinnati, OH 45241

REMIT ALL PURCHASE ORDERS TO: orders@venturo.com