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Letter intent

Russia
Last Updated:
Posted on: 15 Apr 2024

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RFQ Details

Thank you for your email. We are searcng the used rails supply for our client in Singapore under the following conditions: -Commodity: used railways tracks (R55/R65) -FOB/CIF Incoterms 2020 -Quantity: 50 00000 ton / month -Contract term: 1 (one) year -SGS or Alfred International agency before spping and payment -Place of delivery: Singapore -form and payment terms: irrevocable indivisible and not transferable Documentary Letter Credit (DLC) MT700 100% payable at loading port after the Buyers inspection with TT MT 103 and after provision of the Performance Bond (PB) value a 2% of the total amount of the DLC by the Seller (the sellers bank) and Proof of product (POP); PB must be issued by the Seller to active the DLC (the Buyers bank issues a not-operative DLC with condition and terms agreed in the SPA contract and the Seller bank issues a 2% PB to active the DLC before the spment). Please inform us on the following information about the abovementioned commodity: - the length of the used railways tracks cuts and the chemical content (if possible in the form of SGS report or similar on the previous supply); - spping conditions; - photo and/or videos of commodity. The participation of our company in ts supply is the participation as intermediary (the payments will be passed through our bank account). We are ready to prepare and provide you with the correspodinf LOI after your confirmation of the abovementioned conditions. Kind regards

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rail steel r50 r65 rail scrap

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