GESTALT COMMODITIES KENYA LTD

Add: Laptrust House, Nairobi , Staherehe District PO BOX 40047

Tel: +254 7718 49535
Email: ggestalt39@gmail.com
Company Reg No#. BN-AAAOFTB5
*******************************************************************************************************

To: END BUYER Date: 17th September, 2022

Ref: FELIX
FULL CORPORATE OFFER (FCO)
USED RAIL SCRAPS (R50-R65)
We, GESTALT COMMODITIES KENYA LTD, Traders, Suppliers and Consultants acting with authority and responsibility
do hereby confirms sale and transfer of the following commodity subject to the terms, conditions and procedures
mentioned here. We confirm and certify that we have the intention and capacity to supply the commodities according
to the terms and conditions herein stipulated. This Representation is made with full legal and corporate capacity of
the above company- supported by the manufacture.

Shipping Terms for Sale CIF Incoterm 2010

Commodity • Used Rail Steel, R50-R65
Product • Grade R50-R65
• Used Rails Steel
Origin EAC
Goods Current Location KENYA
Quality Consist of R50-R65 of Rails as R50 (51.67Kg/M
Gost-7173-75), R65 (64.72Kg/M Gost-8165-75)
Packing Bulk/Vessel
Quantity 10,000MT/MONTH Contract Duration: 12Months with R&E
Price US$ 220 CIF ASWP
Place of Loading MOMBASA PORT - KENYA
Place/Port of Delivery ASWP
Delivery Period September 2022 onwards
Delivery
Shipment/Delivery Terms Shipment/Delivery Within 15 - 20 working days after receipt of
Delivery Terms PURCHASE ORDER CONFIRMATION WITH
PAYMENT AS AGREED ON FINAL CONTRACT.
Product Specifications: Used Rails, R50-R65
INTERNATIONAL STANDARDS AS FOLLOWS:

C 0.54 – 0.82
Si 0.18 – 0.40
Chemical Composition Mn 0.60 – 1.05
S 0.04 max
P 0.035 max
As 0.01 max of Mass share
Norms R-50 GOST-7173-75 and R-65 GOST-8165-75
R50 (51.67 KG/M) GOST 7173-75
R65 (64.72 KG/M) GOST 8165-75

1
Seller’s initials:…………………………… Buyer’s initials:………………………...
GESTALT COMMODITIES KENYA LTD
Add: Laptrust House, Nairobi , Staherehe District PO BOX 40047
Tel: +254 7718 49535
Email: ggestalt39@gmail.com
Company Reg No#. BN-AAAOFTB5
*******************************************************************************************************
Physical Specifications:
Inspection
Payment Methods/Terms
Other Conditions
Shipping document
Approved Procedure
Validity
Seller and Buyer abide by their corporate and legal responsibilities.
Seller’s initials:……………………………
Cutting Size Dimension: As per Buyer’s Requirement
Packing: Bulk Packing or as per clients request
(a) The Quality, Quantity and Weight including radiation shall be
inspected by Approved international agreed inspection agencies.
(b) The cost of inspection at loading port shall be borne by the Seller.
(c) The cost of Quality, Quantity and Weight inspection at destination
port shall be borne by the Buyer.
(d) The quality, quantity, weight, delivery and payment including Radiation
the inspection conducted at destination port shall be considered as final and
conclusive which shall be binding on both parties.
(a) The currency shall be United Dollars ($).
(b) Payment Terms (As Agreed VIA TT-MT103 Only)
Payable:
- 20% Against contract & invoice approval after stock visiting by buyer at
seller’s yard, to cater for material cutting, transport and Logistics/vessel.
- 30% After cutting, loading and BL-shipment documents approval at sight
- 50% After Goods arrival at discharge Port with SGS Approval For Quality
&Quantity at delivery port
-This FCO is subject to and forms an integrated part of the ICC/500/600
-This transaction is subject to English law.
-Transportation: by Ocean Freight Linear.
- Invitation letter will be provide by the seller to the buyer for visiting seller
1. Bill of Lading, three (3/3) copies.
2. Commercial Invoice, three (3/3) copies.
3. Certificate of Origin, three (3/3) copies.
4. Certificate of Quality/Quantity issued by SGS, three (3/3) copies.
5. Radioactive certificate declaring the product is fit for human
consumption issued by SGS or its equivalent at port of loading.
6. Certificate of analysis issued by SGS/equivalent at loading port.
1. Buyer Issued Signed & Sealed LOI and Seller issues FCO signed & sealed
2. Buyer sign and seal FCO.
3. Seller Invites buyer for stock sight visit and Top Table Meeting/Contract
4. Buyer and seller approves, sign and seal contract and Invoice.
5. Invoice with payment instructions is issued to buyer for payments
6. Buyer issue 20% advance payment SWIFT as agreed on contract/Invoice
7. Via Bank TT-MT103 payment instruction SWIFT from buyer is confirmed.
8. Seller Starts Cutting and prepare goods for Delivery and export process
9. Shipment documents are presented to buyer at loading port
10.Buyer issues 30% Payment after confirmation of Shipping documents
11. Goods arrive discharge port and Buyer confirms and approve SGS Quality
and Quantity, buyer makes payment Balance 50% via TT-MT103 and seller
surrender’s Ownership certificate and all related documents to Buyer.
The validity of this FCO is 10 Business days from issuing date
BY SIGNING BELOW,
2
Buyer’s initials:………………………...