Contract Listings

Attribute

Value

Product

Lengths of mature bamboo, freshly cut, with nominal lengths of about 18 feet.

Quantity

300 lengths per month (or as modified by mutual agreement)

Purpose

Production of bamboo materials

Variety

2-3 year old bamboo poles, minimum length 18 feet with no exposure to weevils, pests or other insects.

Delivery Type/Form

Whole length of bamboo, minimum length 18 feet.

Freshness

Bamboo must be properly cut and cannot be more than 1 month post-harvest at the time of delivery. Delivered produce must be free of chaff, agricultural waste, pests, and other extraneous material.

Delivery Frequency

Monthly (delivered as a whole length)

Delivery Start

Within 4 weeks of Contract Agreement

Contract Duration

12 Months

Delivery Day

Saturdays (or other days by mutual agreement)

Delivery Location

Umuahia, Abia State

Pricing Terms

Pricing from vendor shall be all-inclusive to cover ALL charges including transportation & delivery to specified location. However, BUYER shall be responsible for off-loading of produce from delivery vehicle at the delivery location. 

In-Transit Handling

Vendor shall ensure that the product is protected from rain, direct sun, pests, rodents, vermin or other environmental factors that would degrade the quality of the delivered product.

Acceptance Terms

Any pest-infested lengths of bamboo that may be splintered, crumbling, chaff filled, powdery, degraded, rodent-infested or otherwise showing unacceptable appearance will not be accepted and will be excluded from the final tally of delivered product due for payment.

Credit Terms

Vendor shall not extend credit to buyer for items ordered. Conversely, buyer shall not prepay for produce prior to inspection and verification at the delivery location.

Inspection & Visitation Terms

Vendor may elect to visit (or assign a designee to visit) buyer’s facilities to ensure that the operation utilizing the product is indeed in existence. Similarly, buyer may request to visit vendor’s farms or store to ascertain the availability and viability of the produce supply.

Payment Terms

Vendor is to be paid immediately upon offloading & weighing at the delivery point. The amount due shall be determined by the product of the verified amount delivered and the price per length pre-specified and agreed to, as part of this agreement.

Payment may be by cash or bank transfer to vendor’s account while vendor (or representative) is present at the point and time of delivery.

Delays, Contingencies

In the event that vendor is unable to supply produce at a pre-agreed time, buyer may, at his absolute discretion, cancel that particular delivery to ensure stability and continuity in buyer’s manufacturing operation. In that event, vendor will be able to resume delivery at the next agreed delivery period.

Suspension Or Termination

In the event that any circumstances, business considerations, or external factors force, require, or advice the reduction, suspension, or termination of buyer’s manufacturing operations, buyer reserves the right to suspend or terminate the supply agreement with 15 days’ notice.