FULL CORPORATE OFFER
We, M/s, SPEED, hereby state and represent that it is our intention to supply, and we hereby confirm that we are ready, willing and able to supply the following commodity as per the specification and in the quantity and for the price as specified in the terms and conditions as stated below.
Terms & Conditions As Follows
COMMODITY: SCRAP USED RAIL R50-R65
MANUFACTURE: RUSSIAN / UKRAIN
SPECIFICATION: USED RAIL R50-R65,ISRI CODE 200-202
DESCRIPTIONS AND SPECIFICATIONS:
Mn: 0.60% - 1.05%;
C: 0.54% - 0.82%;
Si: 0.18% - 0.40%;
S: 0.04% Max.;
P: 0.035% Max.;
As: 0.01% Max of Mass Share;
Used Rail: R50 (51.67KG/Meter, GOST 7173-55), Used Rail: R65 (64.72KG/Meter, GOST 8161-75).
Length of commodity:0.5m,1m,1.5m, 6m and 6,25 m
PROCEDURE: The seller sends an SCO buyer
Seller Mandate will issue a FCO to the buyer
The buyer will sign the FCO and send back to the seller. Mandate
Buyer issue LOI to the Seller Mandate
The buyer will issue ICPO and send to seller Mandate
The Seller will issue the draft contract to the buyer
The buyer sign draft contract and issue Non Operative SBLC /BG/RDLC
The buyer send back, draft contract signed and MT799
The Seller issue 2% PB for the SBLC/BG/LC/
Buyer issue Operative Letter of credit RDLC/BG/LC
The seller will verify the viability of the Operative RDLC/BG/LC.
DOCUMENTS: Commercial Invoices (3 originals and 3 copies) Packing lists
Analysis report certificates of both quality and quantity will be provided to the Buyer in addition to the Certificates of Origin (1-Original and 1-Copy) prior to final departure of the entire consignment.