Rice paddy market at farmgate

 

Term Sheet For Rice Paddy Procurement

Contract Code: 234-001-002-21-260B

 

Attribute

Value

Product

Rice Paddy

Quantity

30 (Ten) Metric Tons (or as modified by mutual agreement)

Purpose

For production of whole grain rice. Varieties must be suitable for parboiling and automated milling and processing into shelf-stable whole-grain rice.

Variety

Mid to long grain varieties, Jamila, Faro44 and similar cultivars that are NOT adulterated. 80% of the whole rice kennels should nominally be 6.7mm or longer. 

Delivery Type/Form

Clean (unparboiled) rice paddy in clean sacks suitable for long distance transportation and extended storage.

Freshness

Rice paddy MUST be well dried and mature, with moisture content between 10%-13%. The bulk should be free of chaff, grass, stalks, and other agricultural waste and residues. Post-harvest storage duration should be no more than 3 months at the time of delivery. The produce must be free of chaff, pests, weevils, clay, stones, straw and other extraneous material.

Grains Quality

The rice must be of consistent quality and must not be damaged or discolored.

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, the type/form in which the produce is to be supplied & 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 paddy is protected from rain, direct sun, pests, rodents, vermin or other environmental factors that would degrade the quality or complicate the quantity (weight) confirmation of rice paddy delivered. A strong, wind-resistant covering IS HIGHLY recommended to protect the produce while in transit.

 

 

Acceptance Terms

Any adulterated, broken, crumbled, moldy, degraded, rodent-infested or otherwise degraded paddy 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 rice paddy is indeed in existence. Similarly, buyer may request to visit vendor’s farms 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. 

 

How To Submit A Bid:
Interested and qualified candidates should submit their bid and cover letter to:
This email address is being protected from spambots. You need JavaScript enabled to view it.. Emails MUST indicate the Contract Code for the procurement opportunity in the SUBJECT LINE. Please submit ONE bid per email. If you want to bid for multiple opportunities, submit multiple emails. ONE bid opportunity per email.