Contract Listings

Attribute

Value

Product

Shelled Groundnuts

Quantity

10 (Ten) Metric Tons Per Week (Or As Modified By Mutual Agreement)

Purpose

For production of groundnut oil.

Varieties

Kampala, MGV4 (Red groundnut), MGV5 (Pink groundnut), Chishango species, or other varieties that maximize the production of groundnut oil. (Species will be tested for oil content prior to start of contract.)

Delivery Type/Form

Whole nuts in properly sealed sacks to ensure freshness.

Freshness

Neatly Separated Grains From The Pods. Cannot Be More Than 1 Month Post-harvest At The Time Of Delivery, And Must Be Free Of Pests, Clay, Stones And Other Extraneous Material.

Delivery Frequency

Weekly (in clean woven sacks suitable for long distance transportation and extended storage)

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 bulk groundnut is protected from rain, direct sun, pests, rodents, vermin or other environmental factors that would degrade the quality or reduce the quantity (weight) of groundnut delivered. Particular attention to in-transit handling IS HIGHLY RECOMMENDED to ensure delivery of fresh acceptable produce.

Acceptance Terms

Any adulteration; moldy groundnuts, chaff filled, degraded, rodent-infested or otherwise showing undue appearance will not be accepted and will be excluded from the final tally of delivered produce 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 groundnuts 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 (using a suitable scale on the premises) and the price per kilogram 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.