Terms & Conditions
Specialised Drilling Equipment PTE LTD
Effective Date: 2025
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1. Definitions
– “Company” refers to Specialised Drilling Equipment PTE LTD.
– “Customer” refers to the purchaser of goods or services from the Company.
– “Goods” refers to any products supplied by the Company, including drilling equipment, components, and accessories.
– “Services” refers to any consultancy, fabrication, or support provided by the Company.
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2. Quotations & Orders
– All quotations are valid for 30 days unless otherwise stated.
– Orders are subject to acceptance by the Company and may be declined or modified at its discretion.
– Any changes to specifications must be confirmed in writing and may affect pricing and delivery timelines.
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3. Pricing & Payment
– Prices are exclusive of GST, duties, and shipping unless stated otherwise.
– Payment terms are strictly [e.g., 30 days from invoice date] unless agreed in writing.
– Late payments may incur interest at [e.g., 2% per month] and may result in suspension of further deliveries.
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4. Delivery & Risk
– Delivery dates are estimates only and the Company shall not be liable for delays beyond its control.
– Risk in the Goods passes to the Customer upon delivery.
– Title remains with the Company until full payment is received.
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5. Warranty & Returns
– Goods are warranted against manufacturing defects for a period of [e.g., 12 months] from delivery.
– Warranty excludes damage due to misuse, improper installation, or wear and tear.
– Returns must be authorized in writing and may be subject to restocking fees.
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6. Limitation of Liability
– The Company shall not be liable for indirect, incidental, or consequential damages arising from the use of its Goods or Services.
– Liability is limited to the replacement of defective Goods or refund of the purchase price.
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7. Intellectual Property
– All technical drawings, specifications, and documentation remain the intellectual property of the Company and may not be reproduced without written consent.
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8. Force Majeure
– The Company shall not be liable for failure to perform due to events beyond its reasonable control, including natural disasters, strikes, or supply chain disruptions.
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9. Governing Law
– These Terms shall be governed by and construed in accordance with the laws of [e.g., Singapore], and any disputes shall be subject to the exclusive jurisdiction of its courts.
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10. Entire Agreement
– These Terms constitute the entire agreement between the Company and the Customer and supersede all prior communications or understandings.
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