LOI for Cement - FROM ONE OF MY CONTACT

RFQ Description

This is quotation request that We xxxxxxxxx, intend to purchase 1.200.000 tons of CEMENT (PORTLAND 42.5 R) in the year of 2009 with the following specification and conditions.1- SPECIFICATIONS: The Typical Data of Portland Cement Conforming to EN 197-1 2000. Product and producer to have valid CE certification as issued and construedconform to EU Construction Directive 89 106EEC and ETA certification Factory TestReport.2- PACKING: Big bag packed 1, 2 or 1, 5 or 2, 0 tons Sling bags and if required by Buyer in 50 Kg. 3 plies Kraft bags .Bags suitable for Ocean freight and repacked in 1, 5 tons Jumbo Slings and 1% empty bags will be provide free of charge along with each shipment to the Buyer.3- INSPICTION I PRINTING: On Request4- TOTAL QUANTITY: 1, 200, 000 MT5- DESTINATION PORT: CIF Ports Panama acc. to INCOTERMS 20006- TARGET PRICE: 58-60 USD PER METRIC TON 42.5 R, Basis CIF7- CONTRACT PERIOD: 12 (Twelve)MONTHS with rollovers and extensions up to 5(five) years as agreed by both parties.8- INSPECTION: by SGS at seller s cost at port of destination I loading9- PERFORMANCE BOND: To be issued by Seller on the amount of 2% of the total value of bank instrument.additonal order if the first one is OK2 700 000 and 10 000 000 ! cement, portland 42.5 r used rails,cement