we need a full compliance on the attached PETROBEL Terms and Conditions knowing we are not going to accept any deviations to our project purchasing Terms and Conditions.
N.B: please fill in attached Summary Commercial Conditions item per item AND TO BE SIGNED AND STAMPED ( reply by return to be today)
* VERY IMPORTANT NOTES TO PREVENT MAJOR DEVIATIONS :
1- we need a full compliance on the attached PETROBEL terms and conditions (please confirm)
2- Item no. 4 Penalty clause is not subject for negotiations. (please confirm)
3- Item no. 5 in Summary commercial condition:
PAYMENT TERMS : (CAD(within 45 days) to PETROBEL not to the bank) (please confirm)
ü Terms of payment L/C is not accepted but CAD to PETROBEL is accepted. (please confirm)
ü N.B: Any milestones for terms of payment can be accepted against L/G with same value of the milestone payment. (please confirm)
4- Item no. 8 in Summary commercial condition:
Delivery prices : FOB & CIF to be provided as an option in your revised commercial offer (upon request)
5- ITEM # 14 Delivery period to be mentioned clearly in the remarks even if it’s already mentioned in unpriced offer and comply with the required delivery.
6- Item no. 16 in Summary commercial condition:
Site Technical Assistance : be provided in your revised commercial offer (upon request).
Please fill in attached Summary commercial condition, sign , stamp and resend
No.
Items
Confirm / Submit
Reject
Remarks
1
T & C's
Confirm full acceptance to apply to PTB T&C's in case of awarding
2
Delivery Period (in weeks)
3
Payment
100% CAD to PTB within 45 days .
( Milestones payment could be agreed , 30% Advance payment against unconditional LG &
70% CAD to PTB within 45 days )
4
Penalty
1% per week up to 5% max from total P.O. value