White Long grain rice 25% broken

RFQ Description

CommodityWHITE LONG-GRAIN RICEOriginsAT SELLERS OPTION .ORIGIN TO BE STATED IN FCO)Quality25 % BROKENSpecificationSTANDARD (TO BE STATED IN FCO)Packing50 KG BAGS SECURING SAFE TRANSPORTTotal Quantity 300.000 MT +/- 5 % PER YEARMonthly Quantity25.000 MT +/- 5 %TransportationBY VESSELPriceUSD per METRIC TON CIF GUINEADestinationGUINEA PORTPayment IRREVOCABLE, NON-TRANSFERRABLE DOCUMENTARY LETTER OF CREDIT (DCL) FOR EACH MONTHLY QUANTITY PAYABLE 100% AT SIGHT AT BUYER & BANK, AGAINST DOCUMENTS AS PER CONTRACT. Performance Bond 2 , 50 %Quality and QuantitySGS inspection at port of loading at seller costsDocumentsAs per contractProcedure1.buyer sends LETTER OF INTENT & this document2.seller shall provide FCO as per factories offer3.buyer shall verify and if acceptable returns FCO duly signed and sealed as acceptance 4.seller shall provide the DRAFT CONTRACT for buyers verification to be returned to seller via Fax or E-Mail. Electronically transferred documents deemed to be the original5.Meanwhile, seller shall provide the PROOF OF PRODUCT as required by the End-User of this product.6.seller shall review and confirms if acceptable. Any change made in the Draft Contract by buyer + if the seller agrees to the changes made by the buyer, the seller issues he final and binding contract via Fax or E-Mail duly signed by the Seller7.the Buyer returns the final contract duly signed and sealed via Fax or E-Mail. The so transferred Contract shall be considered as original.8.Seller shall also issue 4 (four) copies of the original contract as Hard-Copies to be sent to the Buyer via courier.9. the buyer shall provide thru his bank payment as Operative Letter of Credit payable 100 % at sight10.supply commences as per mutually agreed shipping schedule rice, long-grain, 25% agricultural fertilizer