We can prepare contract for Peas with GAFTA 88 FLCs applied between Seller and Buyer via Broker based on own experience.
The SELLER are ready for negotiation of contract via Broker to sell, supply and transfer commodities are looking for Buyer ready to buy, purchase and receive commodities.
Moisture: max 14 pct;
Foreign Matter: max 2 pct;
Broken: max 5 pct;
Damaged: max 5 pct;
Other colour: max 3 pct;
Sound, loyal and merchantable, free from alive weevils, foreign smell, with natural color and smell.
Quantity and Quality of commodities final at place of stuffing into containers.
Shipments in 20 feet containers.
Payment for commodities to be made by the Buyer in US dollars 100% CAFD (Cash Against Fax Documents) against presentation the following documents to Buyer:
a) Signed Commercial Invoice and
b) Full set of 3/3 original FREIGHT PREPAID shipped on board Bills of Lading and made to THE ORDER and BLANK ENDORSED.
c) Certificate of Origin;
d) Certificate of Quality and Quantity.
e) Fumigation Certificate.
f) Phytosanitary Certificate.
g) Packing List.
Other terms, conditions and rules have to apply as per Incoterms 2010, GAFTA 88, GAFTA 125.
THE GRAIN AND FEED TRADE ASSOCIATION
Gafta No.88 CONTRACT FOR FULL CONTAINER LOADS.
CONTRACT FOR FULL CONTAINER LOADS. (F.C.L.s) GRAIN
SELLERS: ____ BROKERS: ___ BUYERS: ___
have this day entered into a contract on the following terms and conditions.
1. GOODS- ___
2. QUANTITY- ___ full containers each estimated to contain __
3. PRICE AND DESTINATION - At __
FAS FREE ALONGSIDE SHIP (... named port of shipment) Free Alongside Ship means that the seller delivers when the goods are placed alongside the vessel at the named port of shipment. This means that the buyer has to bear all costs and risks of loss of or damage to the goods from that moment.
The FAS term requires the seller to clear the goods for export.
THIS IS A REVERSAL FROM PREVIOUS INCOTERMSVERSIONS WHICH REQUIRED THE BUYER TO ARRANGE FOR EXPORT CLEARANCE.
However, if the parties wish the buyer to clear the goods for export, this should be made clear by adding explicit wording to this effect in the contract of sale.
This term can be used only for sea or inland waterway transport.