RAIL

FULL CORPORATE OFFER

With Full Corporate and Legal Responsibility, under Penalty of Perjury confirms that we are ready, willing and able to supply the following Scrap Metals Products/Commodities without failure.

CUSTOMER:

VIA:

CONTRACT DURATION: 12 MONTHS WITH ROLL AND EXTENSION

COUNTRY OF ORIGIN: RUSSIAN FEDERATION

COMMODITY: USED RAIL-R50-65

ISRI CODE: 27-29 LENGTH OF USED RAIL REQUIRED: I.5 METER

FIXED PRICE: USD$234.00 GROSS PER METRIC TON

CONTRACTUAL MONTHLY QUOTA: 210,000 METRIC TONS X 12 MONTH DELIVERY

PACKING: IN BULK

LOADING PORT: SELLER’S OPTION

TERMS OF SHIPMENT: WITHIN 30-35 DAYS AFTER RECEIPT AND CONFIRMATION OF D/LC

DESTINATION: CIF CHINA AND ASWP

DELIVERY: AS AGREED UPON BY SELLER AND BUYER

MODE OF PAYMENT: IRREVOCABLE NON?TRANFERABLE REVOLVING DOCUMENTARY DL/C

INSPECTION: SGS or Similar

PERFORMANCE BOND: 2 PERCENT PERFORMANCE BOND
 

1. Buyer issues Irrevocable Corporate Purchase Order with full banking Information and not sanitized or internet circulated ICPO/LOI.
2. xxx issues Full Corporate Offer alongside with NCNDA. Buyer returns endorsed and sealed Full Corporate Offer.
3. xxx issues Sales Purchase Agreement (SPA).
4.  Xxx Issue Invitation to buyer for Yard/TTM visit.
5. xxxx issues bank to bank the Proof of Product (POP).
6. Buyers bank confirms POP and returns to xxx.
7. xxx sign contract with Transportation Company.
8. Buyer makes Payment of the $1.5/per metric ton registration fee with the government monopoly directly. And if the seller fails to execute the contract the amount will be returned to the buyer.
9. Buyer issues Non-Operative Letter of Credit L/C or other method of payment accepted by seller and buyer in favor of xxxx bank account valid for one (1) Month and buyer’s bank shall be a top 100 World Bank.
10. xxx issues operative 2% Performance Bond.
11. LC payment will activate only after the shipment document are submitted.
12. Upon completion of all verifications, delivery and shipment commences as Per Contract.