Pedal SPD

1. Security Deposit

A refundable security deposit of 5,000 NOK per bicycle is required before the rental period begins.

The deposit may be held as:

• A credit/debit card pre-authorization; or
• A security deposit charged to the customer's card.

The deposit will be released or refunded within 7 days after the bicycle is returned and inspected.

2. Identification

The renter must provide:

• Valid government-issued photo identification; and
• A valid payment card in the renter's name.

3. Renter Responsibility

The renter is responsible for the bicycle and all rented equipment from the time of collection until return.

The renter agrees to:

• Use the bicycle in a safe and responsible manner.
• Follow all applicable traffic laws.
• Secure the bicycle with the lock provided whenever it is unattended.
• Store the bicycle indoors whenever reasonably possible overnight.

4. Damage

The renter is liable for damage caused by:

• Crashes or collisions.
• Improper use.
• Negligence.
• Failure to secure the bicycle.

Normal wear and tear is excluded.

Repair costs may be deducted from the security deposit.

5. Theft or Loss

In the event of theft, the renter must:

• Notify the rental company immediately.
• Report the theft to the police as soon as possible.
• Provide a copy of the police report.

If the bicycle was left unlocked or secured improperly, the renter may be liable for the full replacement value of the bicycle and equipment.

6. Optional Damage Waiver

The renter may purchase an optional Damage Waiver for 150 NOK per day.

The Damage Waiver:

• Reduces the renter's liability for accidental damage.
• Does not cover theft, loss, intentional damage, reckless behavior, or violations of these terms.

Under the Damage Waiver, the renter's maximum liability for accidental damage is limited to 2,000 NOK per incident.

7. Mechanical Issues

The renter must stop riding immediately if the bicycle develops a mechanical issue that could affect safety and contact the rental company.

8. Return of Equipment

The bicycle and all rented equipment must be returned:

• On the agreed date and time.
• In substantially the same condition as received, excluding normal wear and tear.

Late returns may be charged at the standard daily rental rate.

9. Assumption of Risk

Cycling involves inherent risks, including the risk of injury or death.

The renter participates voluntarily and accepts these risks.

10. Governing Law

• These terms are governed by Norwegian law.