http://www.kari.re.kr
169-84 Gwahak-ro, Yuseong-gu, Daejeon, 34133, Republic of Korea
Telephone: +82-42-860-2616 Fax : +82-42-879-4370
PURCHASE ORDER
1. Subject:
Frame optimization of nacel e of electric engine
2. Purchase Order Number: No. KARI-26-TBD
3. Buyer (hereinafter “KARI”)
4.
Seller (hereinafter “Contractor”)
5.
Effective Date of Contract (EDC)
1) This Purchase Order (PO) shal become Effective Date of Contract (EDC) when
2) The PO is signed by the Contractor and the Buyer (KARI)
6. Contract Period (Delivery Schedule)
- By December 18, 2026 from EDC
7. Order Information
- Commodity
Line
Item
Qty
Unit Price
(USD)
Total Price
(USD)
1
Frame optimization of nacel e of electric engine
- Topology optimization of lightweight electric-
engine nacelle
- Proposed initial feasible locations and orientations
of major internal components
- Project meetings (Kick-off, Interim, and Final
presentations)
- Submission of Final Report
1
TBD
TBD
Total Price
TBD
8. Terms of Payment
1) Payment Terms: T/T remittance (wire transfer) within thirty (30) days after the completion of
the milestone and/or the submission of the required documents.
No.
Milestone
Value (%)
Amount (USD)
Required Documents
1
TBD
TBD
TBD
TBD
2
TBD
TBD
TBD
TBD
Name
Korea Aerospace Research Institute (KARI)
Name
TBD
Address
TBD
Contact
TBD
Tel.
TBD
TBD
http://www.kari.re.kr
169-84 Gwahak-ro, Yuseong-gu, Daejeon, 34133, Republic of Korea
Telephone: +82-42-860-2616 Fax : +82-42-879-4370
Total
100%
TBD
2)
The bank account information
Account Name
TBD
Bank Name
TBD
Bank Address
TBD
BIC / Swift Code.
TBD
Account No. (IBAN)
TBD
- Al banking charges incurred in Korea shal be borne by KARI, and those charges incurred
outside of Korea shall be borne by Contractor.
9. Performance Bond (Memorandum of Payment)
- The Memorandum of Payment amounting to ten percent (10%) of the Total Price should be
issued by Contractor in favour of KARI at the signature of the Purchase Order. It shal be valid
until the end of Warranty Period.
10. Delivery
- The Contractor shall submit the advisory review of the frame optimization of nacel e of electric
engine report to KARI (Dr. Sang-ook Jun) by December 18, 2026.
11. Liquidated damages
- Liquidated damages to be applied for late delivery at the rate of zero point one two five percent
(0.125%) of Total Price per day, up to thirty percent (30%) of Total Price in maximum.
12. Warranty
- Warranty period: Until One (1) year from the date of service completion
13. Priority
- In the event of any conflict between the provisions of this Purchase Order and Contractor’s
Terms and Conditions, the provisions of this PO shal take precedence.
14. Notice (KARI Point of Contact)
Contractual Matters
Technical Matters
Name: Mr. Sang-Hwi Pang
Name: Dr. Sang-ook Jun
Tel.: +82-42-860-2616
Tel.: +82-42-860-2237
Email: karirang@kari.re.kr
Email: sangookjun@kari.re.kr
http://www.kari.re.kr
169-84 Gwahak-ro, Yuseong-gu, Daejeon, 34133, Republic of Korea
Telephone: +82-42-860-2616 Fax : +82-42-879-4370
Attachment. Quotation (# TBD) dated TBD
KARI
P.O acknowledged by:
Young-Taek Kim
Head of Procurement Contract Team
Name:
Date:
