We require that our invoices are paid within our standard credit terms, currently 30 days from month end date of invoice, unless otherwise agreed with you in writing, by either electronic bank transfer or cheque. Under the Late Payment of Commercial Debts (Interest) Act 1998 we reserve the right to charge statutory interest at 8% above the Bank of England reference base-rate for the period, and our reasonable debt recovery costs on any invoice, or part thereof, remaining unpaid beyond our standard credit terms, or any terms otherwise agreed in writing.
We will provide invoices on a daily basis along with a signed delivery note.
This quotation may be subject to alteration in the event of unforeseen increases in our operating costs which may include Government legislation, financial and or fuel cost increases.
This agreement is set to apply for the full term of your trading; any rates provided will be subject to an annual rate review.
(i) Goods in transit insurance is included in your quotation
(ii) Consequential loss insurance cover is not available.
A Director, Company Secretary or an authorised person of your organisation must sign to accept this agreement
May we take this opportunity to inform you of our Cradle to Grave insurance claim policy, which is weight sensitive at £5000.00 per tonne pro rata under RHA terms and conditions 1998. (a copy of which is available on request). This value of cover applies to all freight carried by Nicholson's Transport Ltd. Any other freight is carried under standard RHA limits of £1,300.00 per tonne pro rata, again, weight sensitive.
In order for a claim to be processed we will need the following information:
All the above is forwarded to our insurers for their review.
Please note that our insurers must be notified of a claim within 7 (seven) days of delivery. All the necessary information must then be provided within a further 14 (fourteen) days.
Please also note that, in the event that insurers or loss adjusters require an inspection of the goods, goods must not be disposed of until the claim is resolved.
Under no circumstances shall any monies be withheld or deducted from payments due to us in respect of any insurance or potential insurance claim.
May we also remind you that it is your responsibility to ensure that all consignments are securely wrapped and protected for transit in the first instance.
IF THE ABOVE PROCEDURE IS NOT FOLLOWED, NICHOLSONS TRANSPORT LTD SHALL NOT UNDER ANY CIRCUMSTANCES BE HELD LIABLE FOR ANY COMPENSATION.
In the event of a successful claim, payment from our insurers is made direct to you.
You may put in potential claims, and cancel them later if they aren't pursued. We would prefer to have your potential notification rather than tell you that you are too late to make a claim.
All of the foregoing Claim Procedure is an expressed, written condition of our terms and conditions of trade.
Nicholson's Transport Ltd
ICI West Gate
Tel: 01642 556622
Fax: 01642 551144