Business Material Quote

BUSINESS MATERIAL QUOTE

Quote Number:    Date:

Parties

Recitals

WHEREAS, Supplier Name: is engaged in the business of supplying construction, fabrication, and industrial materials; and

WHEREAS, Client Name: has requested a written quotation for specified materials and related delivery; and

WHEREAS, Supplier is willing to supply such materials on the terms set forth in this Quote and Agreement.

Scope of Work

The Supplier shall furnish the materials described in the Itemized Materials section below and shall perform related coordination and delivery services as described herein. Supplier's obligations are limited to providing materials that conform to the specifications set forth in this Quote and any attachments accepted by the Client.

Itemized Materials

Description          Quantity      Unit Price      Line Total

1.   Qty:   Unit: $   Total: $

2.   Qty:   Unit: $   Total: $

3.   Qty:   Unit: $   Total: $

4.   Qty:   Unit: $   Total: $

5.   Qty:   Unit: $   Total: $

Payment Terms

Payment Due: The Total Amount Due is payable in accordance with the schedule below. A non-refundable deposit may be required to initiate procurement.

Late Payment: Amounts not paid when due shall bear interest at the lesser of 1.5% per month or the maximum rate permitted by applicable law, calculated from the due date until paid in full. Client shall also be responsible for reasonable collection costs, including attorneys' fees.

Term and Termination

This Quote and Agreement shall commence on the Start Date below and shall continue until the Supplier has delivered the materials and Client has paid all amounts due, unless earlier terminated as provided herein.

Start Date:     End Date (if applicable):

Either party may terminate this Quote for material breach by the other party if the breaching party fails to cure the breach within the cure period following receipt of written notice.

Confidentiality

Each party shall treat as confidential all non-public business, technical or financial information disclosed by the other party in connection with this Quote. Confidential information shall not include information that is or becomes publicly available through no fault of the receiving party, was known to the receiving party prior to disclosure, or is rightfully received from a third party without obligation of confidentiality. The obligations of confidentiality shall survive termination of this Quote for a period of two (2) years.

Delivery and Acceptance

Delivery terms, lead times, inspection and acceptance criteria shall be as set forth in writing between the parties. Unless otherwise specified, Client shall inspect delivered materials within five (5) business days and must notify Supplier in writing of any non-conformance or shortages. Failure to timely notify shall constitute acceptance.

Governing Law

This Quote and Agreement shall be governed by and construed in accordance with the laws of the jurisdiction indicated below without regard to its conflict of laws principles.

Entire Agreement

This Quote, including any accepted attachments or purchase orders expressly incorporated herein, constitutes the entire agreement between the parties with respect to the subject matter and supersedes all prior proposals, representations and agreements, whether written or oral. Any modification must be in writing and signed by authorized representatives of both parties.

Validity and Acceptance

This Quote is valid for the period indicated below. Acceptance requires the Client's signature and return of this signed Quote to Supplier. Upon acceptance, the Quote will constitute a binding agreement between the parties subject to the terms herein.

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