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Payment Terms <br />Unless otherwise agreed, the following representative payment terms apply: - <br />15% of total contract price with order <br />25% of total contract price on presentation of the following drawings <br />General arrangement <br />- Foundation details to allow civil works to proceed <br />25% of total contract price on presentation of runner material certificates. <br />30% of total contract price on delivery of equipment to ship to site, or on notification of <br />readiness to ship, if site is unable to receive goods. Storage charge can be applied if <br />delivery is delayed by more than 3 months. <br />5% of total contract price due on Completion of Commissioning, or 4 months after delivery <br />to site, or 6 months after notification of readiness to ship, whichever is the sooner. <br />If Commissioning of Turbine is to be by others then final payment due on shipping. <br />All payments net 30 Days from date of invoice. <br />Estimated delivery <br />We estimate the delivery to site for the equipment offered in our quotation to 48 Working Weeks, <br />DDP Incoterms ® 2010 from receipt of an official order complete with full and final instructions to <br />proceed and on receipt of any initial stage payment. <br />Deliveries offered are indicative only. Firm delivery periods are dependent upon contract start dates, <br />and are subject to Gilkes' factory work loading and major casting availability at the contract start date. <br />Contract timescales commence on receipt of an official order complete with full & final instructions to <br />proceed and initial payment. Firm delivery periods will be reviewed at time of order. <br />General Contract Terms & Conditions <br />Available on request <br />19H-81 <br />