Waterloo Industries
 

 
Supplier Terms & Conditions: ‹‹ Back
  TERMS AND CONDITIONS - (Wherever used in this order the term “Buyer” shall mean Waterloo Industries, Inc., the term “ Seller” shall mean Supplier, the term “Provision” or “Provisions” shall mean any and all terms, drawings, specifications, formulas or other provisions contained in this order or in any document referred to herein; wherever used in this order, the word “Article” or “Articles” shall mean any and all material, equipment, service or other supplies ordered hereunder.) Can be found on Web Site [www.waterlooindustries.com].
  (A) (1) The prices for the Articles are Seller’s lowest prices currently in effect. Should any lower price for any Article or any better terms be quoted to any of Seller’s customers prior to completion of this order, Seller will promptly notify Buyer and, thereupon such lower price or better terms will apply to this order, provided that the granting of such lower price to Buyer would not be in violation of the law.
    (2) The prices for the Articles include all federal, state and local taxes from which Seller cannot obtain exemption. The amounts of any such taxes shall be shown separately on Seller’s invoice.
    (3) No charges will be allowed for transportation, boxing, crating or other packaging unless set forth in this order.
  (B)   No charge, modification or rescission of this order or of any Provision shall be effective except by writing signed by duly authorized representatives of Seller and Buyer, provided, however, that Buyer shall have the right, by giving written notice to Seller signed by an authorized purchasing representative, to change, modify, rescind, or to terminate on reasonable notice, this order or any Provision. Upon receipt of any such notice, Seller shall proceed to perform under this order as altered by said notice and shall deliver to Buyer, within fifteen (15) days of receipt of said notice, a statement showing the effect. If any, of said notice upon the cost of, or the time required for, performance of this order, and an equitable adjustment in the contract price or delivery schedule, or both shall be made for any such effect.
  (C)   Seller will indemnity and hold harmless Buyer, its successors, assigns, customers and users, and the directors, officers and employees of each of them from any and all loss, damage, injury, liability, claim, suit, costs and expenses (including reasonable attorney’s fees) on account of any claim, suit, action or proceeding for infringement or violation of trademark, copyright or patent in the manufacture, sale or use of any Article, or arising, or claimed to arise, out of the breach by Seller of its warranties and representations herein or any other obligation of Seller hereunder. If this order requires performance by Seller, in whole or in part, upon Buyer’s premises, Seller will indemnify and hold harmless buyer from any and all loss, damage, injury, liability, claim, suit, costs and expense (including reasonable attorney’s fees) of any nature arising, or claimed to arise, out of such performance by Seller.
  (D)   Seller shall not disclose or permit to be disclosed this order, any information concerning it or the contents of any Provision to any person to whom such disclosure is not necessary in connection with the performance of this order without Buyer’s written approval. All property, including artwork, furnished hereunder by Buyer shall be confidential, shall be and remain Buyer’s property and, together with all copies thereof, shall be returned to Buyer or destroyed as specified hereunder.
  (E)   No right or obligation under this order shall be assigned by Seller without the prior written consent of Buyer.
  (F)   The Articles and all parts, material, work and workmanship entering into performance of this order shall be subject to inspections, tests, and count by Buyer at all reasonable times and places, whether during or after manufacture or delivery. If in any way an Article or the Articles shall be defective or shall not conform to the Provisions, or with standard specifications if no specifications are set forth in the Provisions, Buyer, in addition to any and all rights and remedies it may have, may revoke its acceptance of or may reject any or all of the Articles. Upon such revocation or rejection, Buyer may return, at Seller’s expense, any or all of the Articles or require prompt correction or replacement at Seller’s expense.
  (G)   Seller expressly warrants that all Articles and all materials parts, work and workmanship entering into performance of this order will conform to the Provisions, and that the Articles will be merchantable, of good workmanship and material, and free from defect. Such warranties shall survive inspection, test, acceptance and payment. Seller warrants that any food, drug or cosmetic supplied pursuant to this order is not at the time of shipment adulterated or misbranded within the meaning of the Federal Food, Drug, and Cosmetic Act of 1938, as amended.
  (H)   Seller warrants that in the fulfillment of this order and in the production of the Articles, no federal, state or municipal law, ordinance, rule or regulation applicable thereto was or will be violated, and that the Articles covered hereby were or will be produced I compliance with all applicable requirements of Section 6,7 and 12 of the Fair Labor Standards act as amended, and of regulations and orders of the United States Department of Labor issued under Section 14 hereunder, and the Occupational Safety and Health Act of 1970 and all applicable rules, regulations and standards issued pursuant thereto.
  (I)   Seller warrants that all Articles which are chemical substances, or, if the Articles are not chemical substances, Seller warrants that all chemical substances comprising the Articles, shall be, at the time of sale and the Buyer’s receipt, on the then current list of chemical substances published by the Administrator of the Environmental Protection Agency pursuant to Section 8 of the Toxic Substances Control Act.
  (J)   If any delivery is, or is threatened to be delayed, Seller shall promptly give notice to Buyer’s purchasing Department of such delay or threatened delay, together with all relevant information with respect thereto. No such notice shall relieve Seller of any duty thereunder.
  (K)   In the event Seller (1) fails to make any delivery within the time specified, (2) fails to perform or so fails to make progress as to endanger performance in accordance with the Provisions, or (3) become insolvent or the subject of proceedings under any law relating to bankruptcy or relief of debtors, then Buyer may cancel the whole or any part of this order without prejudice to any rights it may have against Seller under law and without liability on its part for such termination or cancellation. To the extent not so terminated or cancelled, Seller shall continue performance of this order. Seller’s time of delivery and performance in accordance with the Provisions are the essence of this order.
  (L)   No waiver by Buyer of any Provision or of any obligation of Seller shall constitute waiver of any other Provision or of any other of Seller’s obligations or any part thereof. No delay or failure on the part of Buyer in exercising any rights under this order and no partial or single exercise thereof shall constitute a waiver of such rights.
  (M)   Seller assumes all risk of loss or damage (1) to all Articles, work in process, materials and other property of Buyer or Seller entering into performance of this order and to third persons and their property, until the acceptance by Buyer of all the Articles; (2) to any property received by Seller from, or held by Seller or its supplier for the account of, Buyer and (3) to any Articles, or part thereof rejected by Buyer or as to which Buyer has revoked its acceptance, from the time of such rejection or revocation.
  (N)   This order and its performance shall be construed in accordance with and governed by the law of the State of Iowa as if this order were executed and performed entirely within the State of Iowa.
  (O)   Buyers may from time to time be considered a government contractor subject to the federal regulations referenced below, therefore, any Seller which is a ‘subcontractor’ to Buyer, as defined in and for purposes of the relevant federal regulations (“Subcontractor”) agrees during the performance of this order as follow:
 
    EO 11246
    (1) The equal opportunity clause (“E.O. Clause”) required of government contractors and subcontractors under Executive Order No. 11246 of September 24, 1965 as amended (“E.O. 11246”) and as set forth in Federal regulations promulgated under E.O. 11246 (41 C.F.R. Section 60-1.4(a) is incorporated by reference in this order as provided by 41 C.F.R. Section 60- 1.4(d). This E.O. Clause includes Subcontractor’s commitments of non-discrimination and affirmative action regarding employment decisions; posting of notices; certain statements in advertisements: notice to unions; compliance with E.O. 11246 and its implementing regulations, and penalties for noncompliance; furnishing information and reports: and inclusion by Subcontractor of these E.O. Clause commitments in its subcontracts or purchase orders. The full text of the E.O. Clause is set forth in Buyer’s Form AT 1518 Agreement and Certificate of Compliance – EEO and Related Matters (“Certificate of Compliance”), referred to below at subparagraph (10).
    (2) Subcontractor will certify upon request that it requires its own subcontractors to comply with paragraphs (1) through (7) of the E.O. Clause unless the value of its subcontract or purchase order is exempt under the rules, regulations, or orders of the Secretary of Labor issued pursuant to Section 204 of E.O. 11246. (E.O. 11246, Sections (202 & 204))
    (3) Subcontractor shall file complete and timely reports on Standard Form 100 (EEO-1), as required by Federal Regulations, (41 C.F.R. section 60-1.7(a)(1)).
    (4) Subcontractor certifies, as required by Federal regulations (41 C.F.R. Section 60-1.9), that it does not and will not maintain or provide for its employees any segregated facilities. The full text of this certification is set forth in the certificate of compliance, referred to below at subparagraph (10).
 
    Rehabilitation and Veteran's Acts
    (5) The affirmative action clauses required pursuant to regulations issued under Section 503 of the Rehabilitation Act of 1973 (regarding the handicapped), 29 U.S.C. Section 793 (41 C.F.R. Section 60-741.4), AND SECTION 402 of the Vietnam Era Veteran’s Readjustment assistance Act of 1974 (regarding veterans), 38 U.S.C. Section 2012 (41 C.F.R. Section 60-250.4), are incorporated herein by reference as provided by those regulations (41 C.F.R. Section 60.741.22 and 41 C.F.R Section 60-250.22, respectively). These clauses include Subcontractor’s commitments of non-discrimination, affirmative action, compliance with law and penalties for noncompliance, posting of notices, notification to unions, and inclusion of the clauses in subcontracts and, in the case of veterans, to listing of openings and reporting requirements. The full texts of these clauses are set forth in the Certificate of Compliance, referred to below at subparagraph (10).
 
    Small Business Act
    (6) It is the policy of the United States, as expressed in the Small Business Act, 15 U.S.C. Section 637 (d), that small business concerns (‘SBC’) and small business concerned owned and controlled by socially and economically disadvantaged individuals (‘SBCO’0 shall have the maximum practicable opportunity to participate in performing contracts let by any Federal agency. The terms SBC and SBCO as well as the requirements of 15 U.S.C. Section 637 (d), are more fully set forth in the Certificate of compliance, referred to below at subparagraph (10).
    (7) Subcontractor hereby agrees to carry out this policy in the awarding of subcontracts to the fullest extent consistent with efficient contract performance. Subcontractor further agrees to cooperate in any studies or surveys as may be conducted by the United States Small Business Administration or the awarding agency of the United States as may be necessary to determine the extent of compliance with this clause.
    (8) Subcontractor acting in good faith may rely on written representations by one of its subcontractors regarding its status as either and SBC or an SBCO.
    (9) Subcontractor agrees to require all subcontractors (except SEC’s) that receive subcontracts in excess of $500,000 to adopt a subcontracting plan similar to the plan required by the clause at 48 C.F.R. Section 52.219-9
 
    General
    (10) If it has not already done so, Subcontractor agrees to file with buyer an executed copy of Buyer’s Certificate of Compliance, which fully sets forth the various clauses referred to above as being part of this order.
 
  (P)   Unless otherwise stated herein, each article must comply in all respects with any sample thereof shown to Buyer. 4/89 F-740-016


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