Contract Number: 2015-PO-0031
Dated: April 22nd, 2015
between
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx.
and
xxxxxxxxxxxxxxxxxxxxxxx.
covering
Fabrication, transportation & delivery of
xxxxxxxxxxx
for
xxxx Project
in
xxxxxxxxxxxx
This Contract (hereinafter called CONTRACT) is entered into on this 22nd day of April, 2015 of the Gregorian calendar (hereinafter called CONTRACT DATE) by and between xxxxxxxxxxxxxxxxxx, a branch office existing under the laws of the xxxxxxxxxxxxxxxxxxxxx and having an office at xxxxxxxxxxxxxxxxxxxxxxxxxxxx (hereinafter called BUYER) and xxxxxxxxxxxxxxx,a company existing under the laws of People Republic of China and having an office in xxxxxxxxxx xxxxxxxxxx(hereinafter called SUPPLIER).
BUYER and SUPPLIER each in consideration of the undertakings, promises and agreements of the other, as set forth herein, hereby agree as follows:
1. COMPOSITION OF CONTRACT AND ORDER OF PRECEDENCE
The rights and obligations of the parties hereto shall be governed only by CONTRACT and documents listed hereunder, the order of precedence of these documents shall be as follows:
1.1 CONTRACT.
1.2 SUPPLIER’s quotation no. xxxxxxxxxxxxxx dated Apr21st, 2015 and agreement for commodities and goods.
2. SCOPE OF WORK, BILL OF QUANTITY AND PRICE:
st
No. Description Size
Unit Qty
Unit Price
(USD)
Amount
(USD)
1.
2
3
4
5
6
7
8
9
10
11
Total: (7409 M) USD 405,558.07 2.2 Tolerrance on quantity(For Pipes)
+/- one length per each item,Payment shall be base upon actual quantities provided.
2.3 Pipe will be supplied by SRL or DRL.
3. TOTAL VALUE: 405,558.07 USD CIF xxxxxxxx Port.
SAY US DOLLAR Four Hundred Five Thousand Five Hundred Fifty Eight and Seven Cents.
3.1 The Unit Price above is inclusive of all taxes, fees, duties, costs ,expenses and
the likely payable by SUPPLIER for the execution of CONTRACT.
4. MANUFACTURERS AND COUNTRY OF ORIGIN
xxxxxxxxxxxxx
5. DELIVERY
SUPPLIER shall prepare goods immediately after signing of this contract and Full quantity of the goods under this contract shall reach DAMMAM, KSA within Five to Twenty (5-20) weeks after the date of contract signing.
5.1 Ex-stock items should reach DAMMAM, KSA within 5 weeks.(as per quotation delivery detail)
5.2 Balance items should reach DAMMAM, KSA within 20 weeks. (as per quotation delivery detail)
5.3 A grace period of two weeks for delivery will be allowed on this order .
6. PORT OF SHIPMENT
xxxxxxxxx.
7. PORT OF DESTINATION