SPEQS offer a wide range of precision engineering services to a growing global clientele primarily in the Healthcare, Oil & Gas and Aviation industry.

Terms & Conditions of Purchase

  1. Any forecast quantities communicated to the Supplier are estimated and for reference. SPEQS cannot guarantee actual quantities or value of products to be purchased and is neither limited nor bound by any estimates of usage provided unless stated in the Purchase Order.
  2. Time will be of the essence in every delivery of products under this purchase agreement. Supplier agrees to deliver products in compliance with SPEQS Manufacturing Private Limited ("Purchaser") specified required dates as indicated in the purchase order. Supplier shall notify the Purchaser immediately of any event which will result, or may reasonably expected to result, in any delay in the delivery of products on the date specified in the purchase order. In the event of any such delay, (a) Supplier shall be responsible for all costs associated with premium freight and/or (b) Supplier’s pricing will be subject to a reduction of 1% per day of that product which is determined late with reference to the mutually agreed delivery date commited and/or (c) Purchaser shall have the right to procure affected product(s) from alternate sources of supply and may, at its discretion, debit Supplier for any net greater cost incurred. Exercise of this right shall be at the Purchaser's discretion.
  3. Please quote our Purchase Order (“PO”) number or Outside Work Order (OWO) number on your invoice and delivery order.
  4. All goods must be suitably packed or otherwise prepared for delivery to the satisfaction of the carrier. No charges are to be made for wrapping, packing or crating unless specified in the PO.
  5. The Purchaser reserves the right to cancel or suspend the PO or any part thereof if the Supplier repeatedly furnishes product(s) which fail to meet any of standards, drawing specifications, approved samples or are defective in workmanship or material or are not otherwise satisfactory to the Purchaser.
  6. The Supplier is obliged to inform the Purchaser in writing, any non-conformance or changes in the specifications of the product manufactured or purchased, before delivery, and to obtain written approval or waiver.
  7. All drawings, tools or patterns furnished in connection with the PO are confidential to the Supplier and the Purchaser, and shall be used solely to complete the contract or any other contract relating to the products supplied. The Supplier shall not without the prior written approval of the Purchaser furnish to any third party any such similar drawings, tools, patterns, specifications or samples that have been supplied to the Supplier by the Purchaser or manufacture such articles except for the Purchaser. This restriction shall continue notwithstanding termination of any PO or contract.
  8. The Supplier grants the Purchaser, through its representatives, its customers and regulatory authorities the right of entry to determine the quality of work, records and inspect raw material applicable to the products at any place including the plant of the Supplier.
  9. The Supplier is required to flow down all information in this PO to its sub-tier suppliers or contractors where applicable.