1. Rental Rates (a) Shall be published (b) Will begin from the time the equipment is put on rent and until it is returned by the customer unless negotiated and / or agreed upon by both parties. (c) One day minimum will be charged for all equipment unless otherwise negotiated by rental parties. (d) Long term rentals may be negotiated. (e) Equipment exchanged due to misuse or damages shall be considered separate rentals. (f) Any additions or modifications to standard equipment setup (TLP's, Special operations, etc.) will result in a separate charge for additional items / labor to meet individual company requirements in addition to the rental rate listed. Standard setup is listed above each type of equipment in this booklet. Call for pricing. (g) Published monthly rental rates are based on a 28 day billing cycle. 2. Responsibility of Renter (a) Renter responsible for any loss, damage, or breakage and all maintenance while the equipment is in your possession and to hold us harmless from all claims arising there from. (b) Inspect all equipment upon delivery. (c) Proper preventive maintenance to include fuel filters, anti- freeze and lubricants, etc. (d) Proper and safe operation of equipment. (e) Insure that the equipment is not in any way altered or tampered with. (f) Payment at full replacement cost plus accrued rental on any item not returned. (g) Excluding normal wear and tear, payment in full for parts and labor to repair improperly used or damaged equipment. (h) Advise Morgan City Rentals of purchase order numbers, job charges, offshore location, tax status or any other pertinent information. If your company requires purchase order numbers, it is your responsibility to issue them. (i) In case of a swap out, the rented equipment that is being swapped, must be returned to Morgan City Rentals within 72 hours or it will be placed back on rent as a separate unit. (j) Equipment returned from rent is accepted subject to further inspection to determine if there are any missing parts or hidden damages. 3. Wire Rope and Rigging Disclaimer (a) Morgan City Rentals assumes no responsibility for the misuse, abuse or misapplication of any wire rope, chain, synthetic webbing or hardware sold. Improper use could cause property damage or personnel injury. 4. Terms of Payment (a) Standard terms are net 30 days. (b) Litigation charges for the collection of delinquent accounts will be charged to the customer. 5. Mechanic Rate (a) Mechanics are available for Morgan City Rentals equipment only 6. Pickup and Delivery (a) Permits are not included in regular pickup and delivery rates. (b) Any stand-by time in excess of one hour during delivery or pickup will be charged at $75.00/hour. (c) 24 Hour service available at all locations. (d) Delivery or pickup greater than 15 miles are quoted at the time of delivery or return to Morgan City Rentals. (e) Any local delivery after normal working hours (7:00 AM - 5:00 PM) will be charged $50.00.
STATEMENT OF POLICY
The following policy outline is intended to bring the COMPANY-CUSTOMER relationship to a more common understanding. It will outline the responsibilities of each party under any implied or expressed rental agreement.
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