Contract Listings

Attribute

Value

Product

Food-grade Soybean powder.

Quantity

1 (One) Metric Ton (or as modified by mutual agreement)

Purpose

To be used for protein augmentation in consumable foods.

Variety

Dry-milled soybean powder produced from hulled and dried soybeans. 100% purity with no additives or fillers of any sort..

Delivery Type/Form

Bulk (near-white) powder in clean, hygienic sacks, free of all contaminants

Freshness

The originating soybeans must be properly dried and cannot be more than 3 months post-harvest at the time of processing into flour. Delivered product must be free of all contaminants.

Delivery Frequency

Monthly (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

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 product 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 delivered product. IF it cannot be transported in an enclosed vehicle, a strong, wind-resistant, light-colored tarp covering IS HIGHLY recommended to protect the product while in transit.

Acceptance Terms

Any adulterated product that may include other “fillers”, exhibit clumping (typically due to moisture ingress), assume an appreciable odor, or otherwise showing signs of deterioration 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 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 (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 the product 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.