Aiv Corp


Used Rails and HMS1&2 : Sell Offer

Unit: metric ton
Quantity: 30000
Packing: On Request
Price: 336
Posted On: 8 September 2008
Description:
SOFT OFFER FOR USED RAILS
SOUTH AMERICA
PAYMENT AT DELIVERY PORT
Commodity USED RAILS - HMS 1 2
Origin South America
Min/Quantity 30,000 MT
Max/Quantity 120,000 MT
Contract Length 12 months shipments minimum/no spot
Yard visit Permitted after opening a non-operative BG
Loading Port Venezuela, Chile or other safe countries in South America
Destination Port CIF ASWP
Price US 341.00 HMS - US $336 USED RAIL CIF ASWP
Packaging Bulk shipment only no container shipment
Inspection SGS at Seller’s cost at Loading port with the presence of buyer’s representative
Performance Bond Seller will issue a 2% Performance Bond
Delivery The first delivery will be affected within 30-45 days from receipt and
acceptance of the payment instrument in accordance to the contract

Initial Documents LOI (Letter of Intent with Soft Probe Authorization) or RWA (Ready Willing and Able, emitted by Buyer’s bank), BCL – Bank Capability
$1 mt buyer's broker commission included in the price. you can raise prices by $8 and get additional $4 mt in commissions.



PAYMENT TERMS
Irrevocable, Transferable, Divisible Bank Guarantee or Stand By Letter of Credit from a prime international bank to cover of 3 months shipments, payable at sight with TT within 5 days after arrival of the goods at the destination port.


Process for HMS 1&2 and Used rails from South America – payment at the delivery port

1. The buyer issues an LOI + BCL certifying availability of funds for at least one month of purchasing volume.
2. The Seller issues a draft contract to the Buyer.
3. The Buyer returns revised draft contract to the Seller
4. The Seller reviews and confirms any changes made in draft contract by the Buyer. The Seller and the Buyer arrive at an agreeable contractual terms.
5. The Seller issues the final binding contract
6. The Buyer’s bank contacts Seller’s bank with a RWA or pre-advice of the BG/ SBLC and initiates the execution of the contract.
7. The Seller’s bank issues a POP
8. The Buyer’s bank sends a non operative transferable, divisible BG/SBLC
9. The Buyer visits the Yard
10. The Seller’s bank issues a 2% PB which makes immediately the RDLC into an operative instrument.
11. The Seller sends an invitation to the buyer to accompany the SGS inspection and loading of materials at the loading port.
12. Shipping of goods commences within 45 days of the day the BG/SBLC becomes operative.
13. Shipment commence after SGS inspection at the loading port in the presence of the buyer.
14. Payment is made at sight with TT within 5 days after arrival of the goods at the destination port.



Contact Details
Company Name: Aiv Corp
Contact Person: Mr.Arthur Seidenfeld
City: Queens/New York
Zip/Postal Code: 11694
Country: United States
Phone: +1-718-3180994
Fax: +1-718 -9450155
Mobile: 1 718 5786822


 Credentials

Credit Card