Contract Listings

Attribute

Value

Product

Standard packing bags for pure water sachets, capable of holding 20 sachets with additional material for tying of handles.  

Quantity

30 Sets (or as modified by mutual agreement)

Purpose

Packing of pure water sachets

Variety

Plastic packing bags for pure water sachets

Delivery Type/Form

Sets of packing bags

Freshness

Product must be free of defects and must have been produced to specification no more than 15 days prior to delivery.

Delivery Frequency

Monthly

Delivery Start

Within 2 weeks of Contract Agreement

Contract Duration

12 Months

Delivery Day

Saturdays (or other days by mutual agreement)

Delivery Location

Aba, 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 packing bags are delivered free from contamination or exposure to deleterious substances or environmental influences.

Acceptance Terms

Buyer may issue a purchase order in favor of vendor, backed by a bank guarantee. Any defective product shall be excluded from the final tally for payment.

Credit Terms

Vendor shall not extend credit to buyer for items ordered. Conversely, buyer shall not prepay for products 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 facility to ascertain the availability and viability of the product being requested.

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 products 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.