Rich-Paul Marketing Co. Inc. | 86 Baler St. Near West Ave. Brgy.
Paltok Quezon City
Metro Manila, Philippines 1105
Convertti Design Company
102 20th Ave. Cor.
P. Tuazon
Proj. 4, Q.C
Attn: Ms. Ghe Lavado
Date: December 14, 2024
Rich-Paul Marketing Co. Inc.
Dear Ms. Ghe Lavado,
86 Baler St. Near West Ave.
Brgy. Paltok, Quezon City
Metro Manila, Philippines 1105
Subject: Forklift Rental Quote and Agreement
Phone: 8441-5976 / 8371-0698
Fax: 8371-0697
We thank you for your interest in inquiring our material handling Mobile: 0917-803-0488
0908-863-2514
equipment. Please see the details below for our proposal.
[email protected] Company Background www.rich-paul.com
• Established in 1982, Rich-Paul Marketing Co. Inc. has been in the
material handling industry for over 38 years and has expanded
throughout the Philippines.
• Located in Quezon City, Rich-Paul Marketing is equipped with ready stocked parts dedicated to
support any fleet and reduce overall downtime of warehouse operations.
• At any given time, Rich-Paul Marketing stocks diesel counterbalance trucks and a variety of
warehouse equipment ranging from as low as 1.5 tons capacity and higher.
• Rich-Paul Marketing deploys trained technicians that are fully equipped to cater customer’s needs.
Page 1 of 6
Forklift Rental Unit Recommendation
Lifting Rental Unit Rental
No. Brand & Capacity Height Description Qty Period Rate
(Meters) One Day
Diesel Counterbalance
1 USED DIESEL Standard 2.5 tons or 2,500 kgs
COUNTERBALANCE 1,070 mm fork length 1 unit 1 day P 28,000.00
Solid Tires Per unit
Page 2 of 6
PROPOSAL
Note: Unit offered is USED and minor specifications are subject to change prior to sales
Availability: Stock Available prior to sales
Site Address: 102 20th Ave. Cor. P. Tuazon, Proj. 4, Q.C
Payment Term: 1 month advance payment before delivery of unit including mob/demob fee
PDC 30 days payment for the remaining months upon delivery of unit
Hour Limit: 8 Hours
(Exceeding usage is not transferable)
Service: Preventive maintenance and breakdown services shall be provided free of charge,
unless in the event of abuse, misuse, negligence or accident.
Alloted Tires: None
Validity of Quote: 30 days from date of offer.
We trust that we have interpreted your requirements accurately and provided you with relevant additional
information that would help you decide in our favor. We therefore have the pleasure to revert you to our
technical and commercial proposal enclosed herewith.
Should you need any further information in regards to this quotation or any clarification, please do not
hesitate to contact us with your queries. Thank you.
Yours sincerely,
Mary Grace Gamilla
Rich-Paul Marketing Co. Inc.
Sales Associate
Page 3 of 6
TERMS & CONDITIONS
The Owner rents to the Renter the equipment upon the 4. The Renter agrees to:
following terms and conditions: (a) Keep the equipment in good order condition and
1. IT IS HEREBY AGREED repair (fair wear and tear exception)
(a) The Owner has acquired or will acquire the (b) Inspect the equipment and to comply with the daily
Equipment at the request of the Renter for the sole or other regular checks specified by the Owner.
purpose of this Agreement (c) Ensure that the equipment is operated by only
(b) The Renter has no right, property or interest in the qualified and trained personnel and is not subjected
equipment other than as a Bailee. to misuse or abuse.
(c) The Renter shall take delivery of the Equipment on (d) Make the equipment available during normal
behalf of the Owner and shall at all time keep the business hours or as otherwise contracted between
Equipment at the address agreed upon. the parties for repair or for servicing.
(d) The Renter is responsible for any loss or damage (e) Ensure that only parts approved by the Owner or
to the equipment (fair wear and tear excepted) repairs/servicing are only done by the Owner.
(e) The provision contained in Clause 6(a) (Punctual (f) Notify the Owner immediately of any loss or
Payment of Rent) Clause 4(g) and Clause 4(a) damage to or malfunctioning of the equipment;
(Maintenance and repair of equipment) are promptly, arrange repairs by the Owner; and if the
essential terms of this agreement and the breach, condition of the equipment renders it liable to be
non-observance or non-performance by the Renter unsafe or is seen that it may cause further
of any one or more of those terms shall be deemed deterioration, refrain from using the Equipment
to be a breach of an essential term of this until it is repaired.
agreement and thereby, the repudiation of this (g) Keep the equipment under the control of the Renter
agreement by the Renter. at the site address stipulated in the proposal.
(h) Permit and provide the necessary documents or
2. The Renter will not without the prior written certificate that allows the Owner to inspect the
consent of the Owner: equipment at any time during normal business
(a) Alter or make any addition or repair to the hours.
equipment. (i) Notify the Owner in writing prior to any change in
(b) Alter any markings or identifying number on the the Renter’s address.
equipment. (j) The possibility of not being granted a rental
(c) Attempt to sell, dispose of or encumber the extension for the same equipment at the same rate,
equipment in any way. due to only committing to a specified number of
(d) Change the site address, application or months in the proposal.
environment of the equipment. (k) The Owner reserving the right to withdraw the
and the Renter acknowledges that if the Owner equipment Renter is renting after the rental period.
gives consent to any alteration to the equipment, it If Renter requests for an extension during rental
may require an appropriate variation in the Rental period, it is subject to a new rate and transportation
Payments. charge.
(e) Engage another person or organization other than (l) Provide fuel/electricity and operator for the
he owner or its authorized representatives to repair equipment.
and maintain the equipment. (m) Total cost indicated in the proposal does not
include exceeding use, additional requests,
relocation of equipment and damage to the
3. If the Renter fails to return the equipment at the equipment by negligence.
expiration of this agreement then the period of this (n) Not hold the Owner liable for any damage/accident
agreement shall be deemed extended from month that may incur during the Renter’s use of
to month at the rental stipulated in the Schedule for equipment, thus damages to the unit will be on
this holding over period and upon the same terms Renter account.
and conditions as contained herein but so that such (o) Return the equipment to Owner once Owner
extended period may be determined by the Owner deemed the agreement has been breached by the
demanding possession at any time or by the Renter Renter.
delivering the Equipment to the Owner.
Page 4 of 6
TERMS & CONDITIONS
5. If: 6. The Renter agrees to pay to the Owner:
(a) The Owner discovers the Renter has made a false (a) The total rent described on the proposal by paying
statement to the Owner relating to this agreement; the rental payments promptly on the dates and at
or the place set out in the proposal. The Renter agrees
(b) The Renter fails to pay Rental Payments within that it may not withhold any payment, or any part
fourteen (14) days of the due date as specified in of any payment due under the agreement, or make
the proposal together with interest at the rate a deduction from any such payment, for any reason
specified in the proposal or; whatsoever.
(c) The Renter is in breach of any of the terms and (b) Interest at the rate set out in the proposal on any
conditions contained in this agreement and has Rental Payments which are not paid on the due
failed to rectify that breach within fourteen (14) date and on any other monies hereunder which
days after notice by the Owner to do so; or remain unpaid for 7 days after agreed payment
(d) The Renter shall commit any act of bankruptcy or collection.
being a company shall go into liquidation or (c) The full rental payment even when Renter claims
receivership or stop payment, is unable to pay its not to have been used due to, but not limited to,
debts when they fall due, ceases to carry on its pandemic/epidemic, natural disasters or internal
business or a material part of it or an order is made factors of the Renter’s organization.
or a resolution is passed for an arrangement with (d) The selling cost of replacing the equipment if lost
creditors or the winding up of the Renter; or or damaged beyond repair, and of repairing any
(e) Execution or distress is levied against the Renter; damage caused by impact, by accidental,
or deliberate or negligent misuse or abuse or by any
(f) Any insurance proposal made by the Renter in cause other than fair wear and tear.
respect of the equipment is declined or any (e) The excess use per month when the Renter uses the
insurance policy in respect of the equipment is equipment in excess of the number of hours set out.
cancelled; or It is agreed that if the hour meter is inoperative at
(g) The Renter shall do or cause to be done or permit any time, the equipment shall be deemed to have
any act or thing likely to endanger the safe operated since the previous meter reading by the
operation of the Equipment; or Owner’s representative.
(h) The Renter is convicted of an indictable offence or (f) Transportation charges and 50% of the monthly
is sentenced imprisonment. Then the Owner may rate if Renter rejects the unit delivered due to
at its absolute discretion and without prejudice to specifications being not suitable for Renter’s
any other rights or remedies take whatever action operation. Despite delivered equipment is the
it considers appropriate to enforce the performance exact specifications that is in the proposal that
of this agreement by the Renter agreed on.
(g) In full, the monthly rental rate for the remaining
Renter or accept the repudiation of this Agreement contractual period in the event of early
whereupon in the case of repudiation the Renter shall be termination.
obliged to immediately: (h) In advance, for any kind of COVID-19 swab or
saliva testing for every visit of OWNER to where
i) return the equipment to the Owner to a place the rented equipment is held after delivery,
specified by the Owner regardless of the number of visit and number of
ii) pay to the Owner all moneys then payable to people for the duration of the rental period.
the Owner under this agreement and (i) In advance, for any kind of COVID-19 swab or
iii) pay to the Owner the balance of the unpaid saliva testing when OWNER shall retrieve its
Rental Payments still to fall due. rented equipment.
(j) Still in full, regardless of the number of days where
Upon payment to the Owner of those moneys specified in this rented equipment is down due to the delay of
and the preceding sub-clause, the Renter shall be relieved of scheduling of COVID-19 swab or saliva testing.
further liability to the Owner for Rent under this Agreement.
The Renter hereby authorizes the Owner to enter any
premises upon which the Equipment may be located and
waives and releases the Owner from any liability for any
damage or loss occasioned thereby. Page 5 of 6
The Renter hereby agrees to be bound by the terms and conditions stated in previous pages, which the
Renter acknowledges having read before signing.
……………………………………………………
Timothy Phua
Rich-Paul Marketing Co. Inc.
Owner
……………………………………………………
Ghe Lavado
CONVERTTI DESIGN COMPANY
Renter
……………………………………………………
Date
Page 6 of 6
