11Customer Property Program Each piece of inventory is identified and tagged with a unique numberStored, according to Customer ID, in a Computer DatabaseThis data is availableto the customerby logging on to ourwebsite or viaeach month
12Repair by exchangeUtilizes LVS Inventory to build duplicates of the Customer’s Equipment prior to turnarounds or outagesAfter the replacement, LVS will pick up the Customer’s old Equipment for Credit
13Service Department SERVICE ASSURANCE Our service department utilizes experienced, trained, and certified technicians in both on and offshore repair.We also have master service agreements with most major and independent providers.
14Service Department SERVICE ASSURANCE Our Service Department works 24 hours a day, 7 days a week to provide quick response times so your service requirements, routine maintenance, pressure relief valve testing and/or emergency needs are always taken care of.
15At Louisiana Valve Source We manufacture valves, not just repair and recondition them.We can size Control ValvesWe have a large Inventory, including The Farm
17LVS Facilities Our Three Locations Have a Total of: Main OfficeYoungsville, LouisianaOur Three LocationsHave a Total of:LVS Houston,Texas10,000 Square Feet of Offices62,000+ Square Feet of Production AreaQuick Response Repair Facility Port Allen, Louisiana7 Acres of Lay Down Yard25,000 Square Feet of Enclosed Valve StorageAccess to The Farm’s40+ Acres of Inventory
18B. CONDITIONS APPLYING TO WARRANTIES LVSTerms & ConditionsLVS is an ISO 9001:2000, API Spec Q1, and VR Stamp # 715 certified repair center. LVS repairs or reconditions equipment originally manufactured by others, and is not a representative, distributor, or agent, affiliate, or factory authorized repair center for any original equipment manufacturer. Specifications, standards, and certification marks applied by the original manufacturer are not necessarily applicable to the LVS reconditioned or repaired equipment. To learn more about LVS products, warranty, and our Quality Management System please feel free to contact us to for more information.QUOTATIONSQuote prices are valid for 30 days. Material availability is subject to prior sales.SALESSales can be confirmed both verbally and written with preference to a written purchase order. Returns may be subject to a restockingA. EQUIPMENTVENDOR warrants that the equipment shall be free from defects in material, workmanship and title, be of best quality and conform to the terms of the purchase order.Accessories supplied by VENDOR but manufactured by others carry whatever warranty the manufacturers of such accessories conveyed to VENDOR and which can be passed on to BUYER.VENDOR’s obligations under this warranty shall expire (24) months after shipment.B. CONDITIONS APPLYING TO WARRANTIESThe warranty for equipment is conditioned upon the equipment's being received, unloaded, stored, handled, installed, tested, maintained and operated in a proper manner.Neither the warranty for equipment nor the warranty for services shall be applicable in the event that failure to meet such warranty is the result of acts or omissions of persons (other than VENDOR or VENDOR's Vendors in connection with the work performed by them hereunder), accidents or alteration, abuse or misuse of the equipment or services.
19Louisiana Valve Source Warranty:C. REMEDYIf the equipment or any part thereof does not conform to the warranty for equipment, VENDOR shall thereupon promptly correct such non-conformity by repair or replacement.BUYER shall give VENDOR written notice of any defect, damage or nonconformity as soon as possible in order to permit VENDOR to make a timely investigation of the facts.In connection with the performance of any corrective work, all removal and reinstallation of the equipment shall be performed by BUYER. BUYER shall, at its expense, be responsible for removing, reinstalling, replacing or supplying any equipment, materials or structures, which are necessary to provide reasonable access to the equipment to be repaired or replaced.D. EXCLUSIVITY OF WARRANTIESTHE EXPRESS WARRANTIES SET FORTH HEREIN ARE THE EXCLUSIVE WARRANTIES OF VENDOR, AND NO OTHER WARRANTY, EXPRESS OR IMPLIED IN FACT OR BY LAW, IS APPLICABLE, INCLUDING ANY WARRANY AS TO MERCHANTABILITY OR FITNESS FOR A PARTICULAR USE OR PURPOSE.(The remedies set forth herein are exclusive, and the total liability of the VENDOR with respect to this Purchase Order, Contract, or any breach thereof, whether based on contract, warranty, negligence, indemnity, strict liability or otherwise, shall not exceed the Contract Price of the specific equipment or service on which the liability is based. In no event, whether based upon contract, tort (including negligence), strict liability or otherwise, and whether arising before or after completion of its obligations under this Agreement, shall VENDOR be liable to BUYER for losses or damages caused by reason of unavailability of the plant, plant shutdowns or service interruptions (including but not limited to loss of use, profits or revenue, inventory or use charges, cost of capital or claims of customers) or special, consequential or penal damages of any nature incurred by BUYER or any third party.)
20Louisiana Valve Source Quality peopledriving a quality processYour single source for all Process and production valve needs