, 2019
Mr. or Mrs TBD
Position: TBD
Company Name: TBD
Address: TBD
Tel : +TBD
Fax : +TBD
e-mail: TBD
Subject: Purchase Order (No. KARI-19-TBD)
Dear Sir or Madam,
Korea Aerospace Research Institute (KARI, Buyer) hereby places an order with TBD (Contractor) for
following items and Services based on the terms and conditions below. Please provide your
acknowledgement after receipt of signed Purchase Order by e-mail and proceed the work at your
earliest convenience.
A. Order Information: refer to the TBD
Item
Description
Quantity
Unit Price
(TBD)
Total Price
(TBD)
1
Automatic monitoring and detection system for
RF Spectrum of LEO(Low earth orbit) satellites
-
LPT-3000RX4-8 H/W (1EA)
-
LPT-LEO S/W (1EA)
1set
TBD
TBD
Total (firm and fixed; VAT not included)
TBD
- This Order shall be effective on signature by both Parties.
B. Terms of Payment
- The payment of Total Price as a lump sum shall be made by wire transfer to a bank account as
designated by Contractor in its invoice within thirty (30) days after the receipt of Invoice and final
acceptance of products by KARI.
- All banking charges incurred in Korea shall be borne by KARI, and those charges incurred
outside of Korea shall be borne by Contractor.
- Account Information
Bank Name
Swift Code
Account No.
Address
- KARI shall remit payment to designated account by Contractor written in the table. Change of
bank account information shall require official letter signed by both parties and confirmation by
telephone call, nor require amend of purchase order.
C. Delivery
- Incoterms 2010: EXW Contractor Site
- Delivery schedule: Within 30days after Effective Date of Contract
- Shipping address
Dr. Hyung-Mo YANG
Korea Aerospace Research Institute, 169-84 Gwahak-ro, Yuseong, Daejeon 34133, Korea
D. Performance Bond or Memorandum of Payment
- 10% of Contract Price.
E. Taxes
- The Total Price payable by KARI to TBD hereunder shall be exclusive of Value-Added Tax
(V.A.T)
F. Liquidated damages
- Liquidated damages to be applied for late delivery at the rate of zero point zero seven five (0.075)
percent of total price per day, up to ten (10) percent of total price.
G. Warranty (Hardware)
- Warranty period: One (1) year after the acceptance of Item
H. Notice (KARI Point of Contact)
Contractual Matters
Technical Matters
Name : Mr. Ba-Ruem Lee
Name : Mr. Hyung-Mo YANG
Tel. : +82-42-860-2649
Tel. : +82-42-860-2822
e-mail : brlee@kari.re.kr
e-mail : yhm@kari.re.kr
Thank you in advance for your cooperation.
Sincerely yours,
cc : Mr. Jung-Nam CHO
KARI
P.O acknowledged by :
Ba-ruem Lee
Procurement Team
Name :
Date :