Bid Bond (2%) : should be submitted (mandatory condition)
Prices: should be itemized based on FOB, CFR Annaba seaport, Algeria
Payment Condition: 100% Bank transfer (CAD) or Letter of Credit (L/C) against presentation of shipping documents
10% Performance Bond unconditioned & confirmed from 1st class Egyptian bank should be submitted (mandatory condition)
Delivery Time is ( xxx ) calendar weeks FOB from P.O issuing date.
Minimum delivery time shall be considered during evaluation.
Delay Penalties 1% weekly up to max. 5% of the total PO value ( mandatory condition )
Offer Validity is min. ( 3 months from bid due date).
Manufacturing Origin is (—————————), Mill Name is (—————————)
Euro1 certificate must be submitted with the shipping documents for materials of European origin
Offer is in compliance with PETROJET bidding documents.
In case of order, Vendor should confirm the following : .
Order Confirmation should be submitted within max. 3 working days from P.O date
10% unconditioned performance bond should be submitted within max. 7 working days from P.O date.
In case of Inspection, it shall be done by third party (assigned by Petrojet & on Petrojet’s account) to verify material quality
and all required specifications. An approved certificate from the Third Party Inspector that inspection include
complete data for material specifications must be submitted before shipping to be reviewed
Supplier Name :——————
Signature : ——————
Stamp : ——————