Term Sheet For Industrial Grade Toluene Supply
Contract Code: 234-001-003-26-308A
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Attribute |
Value |
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Product |
Industrial-grade toluene. |
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Quantity |
20L/month (or as modified by mutual agreement) |
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Purpose |
Solvent and diluent in organic industrial processes. |
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Variety |
Industrial grade with purity between 99.0% and 99.5%. Water-white and visually clear with no appreciable moisture or sulphur content. |
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Delivery Type/Form |
Toluene is a highly volatile Class IB flammable liquid. MUST be stored in approved storage containers to ensure stability across the supply chain. |
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Freshness |
Not applicable as long as the product is stored and handled appropriately according to SOP.
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Delivery Frequency |
Monthly (in approved storage containers to ensure stability of the product during transportation and extended storage) |
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Delivery Start |
Within 2 weeks of Contract Agreement |
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Contract Duration |
6 Months |
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Delivery Day |
Saturdays (or other days by mutual agreement) |
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Delivery Location |
Aba, Abia State
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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. |
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In-Transit Handling |
Vendor shall be responsible for safe transport of the chemicals in transit |
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Acceptance Terms |
Leaking, damaged, discolored or otherwise defective products will NOT be accepted. |
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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. |
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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. |
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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; or the volume of product as specified in the 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.
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Delays, Contingencies |
In the event that vendor is unable to supply the chemical 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. |
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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. |
How To Submit A Bid:
Interested and qualified candidates should submit their bid and cover letter to: