Bestemltd
Company Description
PORTLAND CEMENT *****/RCommodity: Ordinary Portland cement 42.5 N/RStandard: British BS 12/1996; American ASTM C-150; or Euro 197/2000.Specifications are attached as our basic details of this proposalQuantity/Price: 150.000 MT to 6.000.000 MTBased on one year contract. Month delivery shall be divided equally in 12 months.Packing: In 32, 5kg or 50 kg bags in 1-2MT Sling Bags. WE CANNOT DO PALLETS.Price: USD$/MT, CIF ASWP (Incoterm 2000). Net Price to Seller.Port of Discharge ASWP (IMPORTANT DESTINATION TO DEFINE)Inspection: We require SGS or Bureau Verities to inspect the commodity to makeavailable the payments not other are accepted.Mode of Payment: Payment is by Fully Funded 1 month SBRDLC for term of contract. Irrevocable,Transferable, Divisible, Auto-Revolving Letter of Credit, with rollovers andextensions; 100% payment on presentation of the shipping documents (atsight); Confirmed by Prime World Bank, for duration of the contract.Performance G: Two percent (2%) of one (1) monthâs shipment value.Origin Restrictions: Origin from China and Turkey are not permitted.Step-By-Step Preliminary Procedure1. Seller sends Soft Offer.2. Buyer signs LOI+BCL or ICPO+BCL and return to seller before expiration date (set on SoftOffer).Each destination port with the correspondent quantity to discharge monthly must be specified on the LOI / ICPO.3. Seller issues Full Corporate Offer (FCO).4. Buyer signs FCO (on each page) and returns to Seller (with Bank Endorsement signed andsealed by Bank Officials).5. Seller issues Draft Contract which is approved and signed6. Buyer signs Draft Contract (on each page) and returns to Seller.7. Seller issues a Proof of Product (POP) by Bank to Bank8. Within receipt and verification of the POP Buyer issues a Proof of Funds (POF)9. Final Contract Issued10. Seller issues a 2% Performance Bond which activates the Letter of Credit.11. Shipments start as per contract.
Contact info
- Contact Person: Mr.Necati Kacak
- Department: CEO
- Telephone:
- Fax Number:
- Zip/Post Code: 09000
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