Any Purchase Order cancellation must be received in writing. Cancellation fees will be assessed as follows:
Cancellation Period | Cancellation Fee as a % of Price |
|---|---|
1 week after submitting Purchase Order | 0% |
After submittal process has commenced | 10% |
Upon approved submittals and release for production | 65% |
30 days from approved submittals | 70% |
60 days from approved submittals | 90% |
90 days from approved submittals | 100% |
