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Your needs. Our mission.

AGB

 

1. Introduction

These Terms and Conditions Agreement govern the services provided by Precision Procure to its clients. By engaging the Company's services, the Client agrees to be bound by this Agreement.

2. Scope of Services

Precision Procure is a procurement service provider. These sourcing services include, but are not limited to, supplier management, contract negotiation, procurement strategy development, risk management, and compliance. The Company does not hold stock and will source goods and services from third-party suppliers on behalf of the Client. All sales are final. Exchanges or refunds will only be considered for items that are broken or damaged upon receipt. 


3. Payment Terms

  • Fees: The Client agrees to pay the fees as outlined in the service agreement.
  • Payment Schedule: Payment is due upon receipt of goods. Invoices will be issued at the time of delivery, and full payment is required immediately. Failure to make payment may result in additional charges or penalties 
  • Late Payments: Any late payments will incur a  0.1% to 1% of the overdue amount per day penalty.

4. Confidentiality

Both parties agree to maintain the confidentiality of all proprietary and sensitive information exchanged during the course of this Agreement. This obligation shall survive the termination of this Agreement.


5. Liability and Indemnification

Precision Procure is not responsible for any indirect, incidental, or consequential damages that may arise from the provision of its services. The Company's liability for any claims arising from the provision of its services is limited to the amount paid by the client for those services. The Company shall not be liable for any failure to perform its obligations due to circumstances beyond its control, including but not limited to acts of God, natural disasters, and other unforeseeable events. The client agrees to indemnify and hold the Company harmless from any claims, damages, or expenses arising from the client's use of the Company's services. This agreement constitutes the entire understanding between the parties and supersedes all prior agreements, representations, and understandings. 


6. Termination

This Agreement may be terminated by either party with 30 days written notice. In the event of termination, the Client shall pay for all services rendered up to the date of termination.


7. Governing Law

 This agreement will be governed by and interpreted in accordance with German law.


8. Amendments

Any amendments to this Agreement must be made in writing and signed by both parties.


9. Entire Agreement

This Agreement constitutes the entire understanding between the parties and supersedes all prior agreements, representations, or warranties, whether written or oral.

Copyright © 2024 Precision Procure - All Rights Reserved.

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