---

Offer for used Rails



Q u o t e



(ABK – 122 2021) May 15, 2021



FULL CORPORATE OFFER ( FCO )



Subject : Second Quality Railway Rails (R50 &R65)



Buyer : XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX



Price Validity : Subject to final confirmation



We, under full legal and corporate responsibility confirm that we areReady, Willing and Able to Supply as “Official Cargo Owner” the commodity as stated herein as follows:



PRODUCT DESCRIPTION:



Commodity : Second Quality RailwayRails ( R50 & R65 )



Total Quantity : 12.000.000 Metric Tons –Shipping to Any Safe Port in the World) Origin : Saudi Arabia Product :

Second Quality Railway Used Rails (R50 &R65)



Product Length must be less than 1 Meter.



PAYMENT METHOD : Irrevocable, Transferable & Confirmed Letter of Credit– MT 700 - payable at Sight.



Contract Price : USD.194/- PER Metric Ton CIF to Any Safe Word Port -Trials & Spot Shipment are not Allowed



Total Price : 1.000,000 MT x USD 189 = USD194.000.000



Delivery Schedule : 1.000,000 MT x 12 months = 12,000.000 Metric tons Performance Bond : 2% of Letter of Credit Value.



Inspection : Inspection Report by SGS at Loading Port at Seller expense.



Payment & Transaction Terms:



1. Buyer counter signs FCO for acceptance of the Conditions & Terms and send together with Company Certificate to Seller



2. Seller issue Sales & purchase Agreement ( SPA ) open for amendment and review for buyer review together with Technical details of Commodity ( Annex A ) / Plan of total shipments delivery ( Annex B – Provided by Buyer ) Technical Specification signed and sealed ( Annex C ) Official Confirmation Letter of Cargo availability & Commitment to Supply Letter ( Annex D ).



3. Buyer reviews (SPA), signs and returns a soft copy to the seller.



4. Seller final review (SPA) if any amendments necessary and issues Official Invoice and send both to buyer within 3 banking days final signed and sealed.



5. Buyer initiates the draft letter of 100% from the total contract value based on an MT700 at Sight, irrevocable, NON transferable & Confirmed Letter of Credit with full guarantee from the buyer’s bank for the total contract value for the seller’s bank to review and confirm



6. Seller finalized the LC draft review and is ready to obtain the above said



7. The buyer bank should record to activate the above said LC within 14 days after the issuing of the Commercial Invoice (Step 6 above) and release the Letter of Credit (LC) to the bank or financial institution for issuance by above said LC. Buyers bank issue the LC MT 700 with a total contract value coverage of 100% MT700 Confirmed, Irrevocable, transferable LC to sellers financial bank (100% of Total 1.000.000 MT Quantity Unit Price USD 194/PMT Total LC Value is USD 194.000,000/-)



8. Seller issues a Performance Bond Guarantee of 2% of the total contract value as performance bond bank guarantee as PBG to the buyer’s account bank against the LC.



9. Seller within ten (10) business days complies and executes the processes of registering purchase order.



10. Shipment starts.



11. Buyer pay within 5 working days after CIQ at destination port by SGS OR SIMILAR INCLUDING SHIPPING DOCUMENTS.



TO WHOM IT MAY CONCERN



We would like to inform you the following.



* After receiving your Letter of Credit (MT 700) and upon Buyer’s request before shipment, we will send an Invitation letter and you can inspect the rails at sight and have a meeting with the CEO and negotiate about contract face to face.



* If you are not going to visit the goods at sight we will send the items through your bank account swift code. Commodity that are mentioned below:



a. A video shows the products including the date of the filming.



b. Which must be after the date of receiving the swift pre-advises MT705 Fresh Quality & Quantity Standard Global Services (SGS) Report?



c. Certificate of ownership for the goods.



d. New bill of loading.



e. Export certificate of rails.



We will send the above mentioned items in case the buyer will not visit the site to check the good at sight



SPECIFICATION: SECOND QUALITY RAILWAY (R50 – R65).



R65 GOST 8156.75 WEIGHT 64.72 KG/METER



R50 GOST 7173.75 WEIGHT 51.67 KG/METER



Carbon (C) 0.54% - 0.82%



Carbon (C) 0.54% - 0.82%



Silicon (Si) 0.18 – 0.40%



Silicon (Si) 0.18 – 0.40%



Manganese (Mn) 0.60% - 1.05%



Manganese (Mn) 0.60% - 1.05%



Sulphur (S) 0.045% to Maximum



Sulphur (S) 0.045% to Maximum



Phosphorous (P) 0.035% to Maximum



Phosphorous (P) 0.035% to Maximum



Arsenic (Ar) 0.13% to Maximum



Arsenic (Ar) 0.13% to Maximum



PROOF OF PRODUCT & PAYMENT PROCEDURE TERMS:



• Due to our Company Policy regarding POP exchange or any Inspection related to our Warehouses will only be allowed after the issuance of L/C via swift MT700.



• This is due to the fact that any exchange of documents or Inspection visit will only be provided and granted to the End Buyer who will be identified by bank to bank check and only after issuance of L/C MT 700. • The above security policy is to ensure that any aspirant buyer has the full financial capability and also the willingness and readiness and capability to engage the requested contract with us.



• Our entire official POP document will only be shared by parties who are ready – Willing and able to enter the engagement with us.



• This to protect and secure that sensitive POP and other official Product and Company documents fall in the wrong hands and will be misused.



• To secure this, our only accepted way for the above is by identifying and new buyer his readiness and Financial engagement capability through issuance of L/C via swift message MT700.



• “BCL by MT799 or any other similar POF are not accepted”



• For our security and buyer’s security we request that all the banking documents and confirmations go by Bank to Bank through Swift as mentioned above.



• For live videos and images this is not a practice for us as this is very easy to manipulate, as these are recent live images or videos of our warehouses and cargo, we don’t want that our live product images are shared with NON identified buyers so it will not circle in the market and our images and videos are misused … There for the same procedure apply as mentioned above



• Regarding the Payment Method, the only approved payment method by SELLER



• is through an Irrevocable, Transferable and Confirmed Letter of Credit ( MT 700) payable at Sight AT DESTINATION PORT AFTER CIQ REPORT .



• The reason why we are providing a supply quantity guarantee by a 2% Performance Bond, is to ensure and secure the buyer of our capability and strong performance capacity as well financially and logistically to supply our products to any Port worldwide.



• The above POP & Payment Procedure and Terms protect both 100% the Buyer and Seller and are Mandatory for any contract engagement with SELLER.



• • We trust this “Full Corporate Offer” would meet your approval and forward to your favorable reply Kindly Sign & Seal FCO within 7 days for acceptance of all the procedures and Terms according to the above conditions.



photo for illustration purpose only

---

---

---