|
THE SUDAN COTTON CO.
LTD.
TENDER
NO 3/2003 FOR THE SALE OF BARAKAT 2002/2003
THE S.C.C.L.
INVITES BIDS FOR THE PURCHASE OF BARAKAT CROP
2002/2003 ON THE FOLLOWING TERMS AND CONDITIONS IN
ADDITION TO THOSE STIPULATED IN THE UNIFIED CONTRACT
OF SALE.
(1) ITEM
LIST AS BELOW
:
GEZIRA BARAKAT CROP 2002/2003
:
|
ITEM
NO. |
GRADE
|
B/S
|
|
1
|
G1B
|
2,000
|
|
2
|
XG2B
|
4,000
|
|
3
|
G2B
|
7,000
|
|
4
|
XG3B
|
6,000
|
|
5
|
G3B
|
6,000
|
|
TOTAL
|
25,000
|
(2) BIDS SHOULD BE MADE FOR
EACH ITEM SEPARATELY AND FOR ANY
QUANTITY OF THE ITEM.
(3) BIDS SHOULD BE EXPRESSED
IN SWISS FRANCS CENTIME/LB. FOB
NET PORTSUDAN (LINER TERMS) .
(4)
METHOD OF
PAYMENT
:
BY SIGHT IRREVOCABLE L/C TO BE OPENED
WITH FIRST CLASS INTERNATIONAL BANK.
THE L/C SHOULD BE OPENED
WITHIN ONE MONTH FROM DATE OF CONFIRMATION OF
BUSINESS PAYABLE AT TIME OF SHIPMENT AGAINST
SHIPPING DOCUMENTS OR LATEST 30/9/2003 AGAINST
WAREHOUSE CERTIFICATES AND/OR DELIVERY ORDERS AND
PROVISIONAL INVOICES. THE L/C SHOULD REMAIN VALID
UP TO 31/10/2003 .
(5) IN CASE OF BUYER’S FAILURE
TO OPEN THE L/C AS STATED IN PARA
(4) WITHIN THE SPECIFIED PERIOD, THE SELLER WILL
HAVE THE RIGHT TO CANCEL THE DEAL/DEALS WITHOUT
RECOURSE TO THE BUYER AND THE BUYER WILL NOT BE
EXEMPTED FROM HIS CONTRACTUAL OBLIGATIONS.
(6)
DELIVERY :
MAY/SEPTEMBER
2003
B.O.
EARLIER
DELIVERY SUBJECT AVAILABILITY
(7)
STORAGE
FEES :
ALL COTTON PAID FOR AND
REMAINING UNSHIPPED AFTER 30/9/2003 WILL BE EXEMPTED
FROM STORAGE FEES FOR TWO MONTHS AFTER CUT-OFF
DATE. THEREAFTER A STORAGE FEE AT THE RATE OF ½%
(ONE HALF OF ONE PERCENT) PER MONTH PRORATA WILL BE
LEVIED AS FROM 1/12/2003 TILL DATE OF SHIPMENT.
INSURANCE FOR COTTON REMAINING UNSHIPPED AFTER THE
CUT-OFF DATE WILL BE ARRANGED BY BUYER.
(8)
WEIGHTS
:
CAN EITHER BE :
(I) CERTIFIED LANDED
WEIGHTS
OR
(II) CERTIFIED SHIPPING WEIGHTS
(9) ALL OTHER TERMS AND CONDITIONS AS USUAL.
(10) BIDS SHOULD BE MADE DIRECTLY TO S.C.C.L.
REPEAT
DIRECTLY
TO
S.C.C.L. FAX NO. 770703 OR E-MAIL. SCCL@SUDANMAIL.NET.
LATEST TUESDAY 18/3/2003 13.00 P.M. (S.L.T.) AND
SHOULD REMAIN VALID UP TO THURSDAY 20/3/2003 .
(11) THE
S.C.C.L.
DIRECTOR GENERAL RESERVES THE RIGHT TO ACCEPT
ALL/PART OR NONE OF ANY BID SUBMITTED AND HE IS NOT
BOUND TO ACCEPT THE HIGHEST OR ANY OTHER BID.
(12) THE
S.C.C.L.
D/G RESERVES THE RIGHT TO REFUSE NEW
SALES TO
BUYERS WHO FAILED TO EXECUTE THEIR OLD COMMITMENTS
IN CONFORMITY WITH THE ADOPTED POLICIES AND TERMS
AND CONDITIONS OF THE RELEVANT TENDER AND/OR
TENDERS.
(13)
THE
S.C.C.L.
D/G HAS THE FULL RIGHT TO IMPOSE ON SUCCESSFUL
BIDDERS WHENEVER NEEDED, SECURITY BOND OF SWISS
FRANCS 15.00 (FIFTEEN) PER BALE TO BE PAID WITHIN 10
DAYS FROM CONFIRMATION OF BUSINESS TO BE DEDUCTED
FROM INVOICE AND/OR INVOICES VALUE. THE SECURITY
BOND SHOULD BE IN THE FORM OF SWIFT TRANSFER (S/T). |
