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SECTION 9. IMPORT CONTRACTS
BLOCKS 1-2. IMPORT CONTRACT FORM FOR THE SALE
OF MACHINERY
LEAD-IN
¨ What clauses should be included into a contract for machinery and equipment?
¨ What clauses cover quality characteristics of machinery?
FOCUS 1
Contract No …
For Machinery
BLOCK 1
Moscow “___”________20__
Messrs.______________________ hereinafter referred to as the Sellers, on the one part, and _______________________, Moscow, hereinafter referred to as the Buyers, on the other part have concluded the present Contract for the following:
Subject of the Contract
1.1. The sellers have sold and the Buyers have bought the following equipment on F.O.B. ____________terms: ____________________________________________
Prices and total value of the Contract
2.1. The total value of the Contract amounts to______________________________
2.2. The prices are understood to be F.O.B. _________________________________
including cost of export sea packing, marking, loading on board a ship, stowing and fastening the equipment in the hold, the cost of the materials used for the purpose as well as dock and port dues, cranage and customs duties connected with the execution of the present Contract. The prices are firm for the duration of the Contract and not subject to any alterations.
Delivery Dates
3.1. The equipment specified in Clause 1 of the present Contract is to be delivered as follows:_____________________________________________________________
By the time stipulated the equipment is to be manufactured in accordance with the conditions of the Contract, tested, packed, marked and delivered F.O.B.___________
3.2. Within the period specified the equipment is to be shipped from the port of ____
by the first vessel available ______________________________________________
3.3. The delivery date is understood to be the date of the clean “on-board” Bill of Lading issued in the name of _________________________ destination__________
port of the ___________________________________________________________
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