Terms and Conditions
Version 1.0, valid from 14 September 2026.
These terms govern the feasibility analysis ordered through hedgego.at. They are provided by HedgeGo GmbH, Promenadegasse 51, 1170 Vienna, Austria, registered at the Commercial Court of Vienna under FN 573560x, VAT identification number ATU77774106.
1. Scope and who may order
The feasibility analysis is offered to businesses only. By ordering, you confirm that you are acting as an entrepreneur within the meaning of section 1 of the Austrian Consumer Protection Act (KSchG) and that the order forms part of your business activity. We do not conclude contracts for this service with consumers.
These terms apply to the feasibility analysis alone. Implementation of a hedging or optimisation programme is a separate step under a separate agreement, as described in clause 12.
Your own terms of business do not apply, even where we do not expressly object to them, unless we have accepted them in writing.
2. What we provide
For each material you request, we produce an analysis document based on the price history you supply. It contains four results:
- your risk index, calculated from the weighted average price of the material;
- a weighted basket of tradable instruments assembled to mirror that index;
- a year-by-year comparison of the two from the start of 2020;
- the outcome in euro and as a percentage of the risk.
Which version you receive depends on the objective you select for that material. Hedging tracks your price risk closely. Optimization protects the balance sheet in adverse phases.
You receive one analysis document per material requested.
3. How the contract is formed
Submitting the form on our website is your offer to enter into a contract. The contract is concluded when your payment is completed. You accept these terms during the payment process, before payment is taken.
We confirm the contract by email. That email contains one data workbook per material and a link for returning your completed data. Please retain it.
4. Prices, tax and payment
All prices are net and exclude value added tax.
- EUR 3,500 per material for plastics, steel, paper and wood;
- EUR 4,900 per material for any other material.
Each material is analysed and invoiced separately. A request covering two materials is two analyses.
Value added tax is applied according to Austrian law. For business customers in other EU member states who provide a valid VAT identification number, the reverse charge procedure applies and no Austrian VAT is charged. Payment is made by card during the order process. You receive an invoice by email.
5. The fee is not refundable
Payment is due when you submit your order and is not refundable.
The fee is for the analysis itself, not for a particular result. If the analysis shows that proxy hedging is not possible for your material, or that it does not reach the level of coverage we aim for, that is the outcome you have paid for. You receive that answer together with the calculations behind it, and the fee remains payable.
As you are contracting as a business, no statutory right of withdrawal applies.
This does not affect your rights if we fail to deliver the analysis at all.
6. What you must provide
The analysis depends entirely on the data you supply. You must provide your purchase price history for each material, recorded in the structure set out in the workbook we send you: date, volume, unit of measure and price per unit.
We require price data at least monthly, going back at least ten years. The analysis covers the period from 2020 and therefore needs a series reaching back to 2014, because six training years are needed for the calculation to be reliable. We do not analyse data recorded less frequently than monthly.
You return the completed workbook using the upload link in our email. The link belongs to your order, remains valid for 90 days and may be used more than once.
If the data you supply is insufficient, inaccurate or too sparse for a reliable calculation, we will tell you so. That is itself a result of the analysis and the fee remains payable.
7. Delivery
We deliver the analysis within 72 hours of your complete data reaching us. The period begins when your data is complete, not when you place the order. For plastics, steel, paper and wood, delivery is often quicker.
How long you take to compile your price history is entirely up to you. Any delay arising from incomplete or unusable data is not attributable to us.
8. What the analysis is not
This clause describes the limits of what we supply. Please read it carefully.
The analysis is not investment advice and is not financial, tax or legal advice. It is not a recommendation to enter into, or to refrain from, any transaction. We do not assess whether any instrument is suitable or appropriate for you.
The results are historical. They describe how the approach would have behaved against prices that have already been paid. They are a record, not a forecast, and not a promise of the same outcome in future or for other materials.
We do not guarantee any level of coverage. Where we refer to reducing price fluctuation risk by 80 to 90 percent, that is the objective we work towards where the approach fits, not an assured result.
We do not execute transactions. We calculate. Any purchase or sale of commodity contracts is carried out by an asset manager, a bank or a broker under your own arrangements with them.
Every decision taken on the basis of the analysis is yours.
9. Rights of use
You receive a non-exclusive, non-transferable right to use the analysis for your own business purposes. This expressly includes disclosing it to your asset manager, bank, auditors and professional advisors for the purpose of assessing or implementing a hedging or optimisation programme.
You may not publish the analysis, sell it, or pass it to a competitor of ours. The methods, models and code used to produce it remain our property.
10. Confidentiality and your data
We treat your purchase data as confidential. It is not passed to an asset manager or a bank at any point, and that separation is part of how we work rather than an option within it.
If you do not place a follow-up order within three months, your data is deleted. Should you decide on implementation later, the fee for recalculating applies again.
How we handle personal data is set out in our Privacy Notice.
11. Liability
We are liable without limitation for damage caused intentionally or by gross negligence, and for personal injury.
Liability for slight negligence is excluded. We are not liable for consequential loss, loss of profit, loss of savings, or indirect or financial loss of any kind, including losses arising from hedging decisions taken on the basis of the analysis.
Save in the cases in the first paragraph, our total liability is limited to the fee paid for the analysis concerned.
These limits apply to claims of any legal nature and to claims against our employees, agents and subcontractors.
12. Implementation is separate
A positive feasibility result does not oblige either party to proceed. Implementation is a separate decision and requires a separate agreement, under which you also undertake to supply current price data on an ongoing basis.
In any implementation, what we owe is a calculation. The selection and execution of specific contracts is carried out by an asset manager or a bank, and by a broker on an exchange. You have the opportunity to review the selection before anything is executed.
13. Governing law and jurisdiction
Austrian law applies, excluding its conflict of laws rules and the UN Convention on Contracts for the International Sale of Goods.
The courts competent for Vienna, Inner City, have exclusive jurisdiction over all disputes arising from or in connection with this contract.
14. Final provisions
Should any provision of these terms be or become invalid, the validity of the remaining provisions is unaffected. The invalid provision is replaced by one that comes closest to its commercial purpose.
Amendments and additions to these terms require written form. This also applies to any waiver of the written form requirement.
These terms apply in the version in force when the order is placed. The current version is always available on this page.
