Jan 08, 2021
The Requisition and Procurement of Goods, Civil Works and Services policy is available in French. To access the document, click on the French language tab.
Jan 08, 2021
The Shipping and Insurance policy is now available in French. To access the document, click on the French language tab.
Jan 08, 2021
The Payment and Taxes policy is now available in French. To access the document, click on the French language tab.
Jan 08, 2021
The Handling of Procurement Complaints policy is now available in French. To access the document, click on the French language tab.
Jun 23, 2020
The Engaging CSO/NGO as a Responsible Party policy is now available in Spanish. To access the document, click on the Spanish language tab.
Jun 23, 2020
The Shipping and Insurance policy is now available in Spanish. To access the document, click on the Spanish language tab.
Jun 23, 2020
The Payment and Taxes policy is now available in Spanish. To access the document, click on the Spanish language tab.
Jun 23, 2020
The Handling of Procurement Complaints policy is now available in Spanish. To access the document, click on the Spanish language tab.
Jun 23, 2020
The General Considerations of Contracting policy is now available in Spanish. To access the document, click on the Spanish language tab.
Mar 27, 2020
The International Commercial Terms (INCOTERMS) 2020 has been linked in clause 5 and Form F of the Invitation to Bid (ITB) template, and in clause 29 of the Request for Quotation (RFQ) template. These templates are linked in clauses 29 and 44 of the Procurement Methods Policy.
Differences between Incoterms 2010 and 2020:
- The Incoterms FCA (Free Carrier) now provides the additional option to make an on-board notation on the Bill of Lading prior loading of the goods on a vessel.
- The costs now appear centralized in A9/B9 of each Incoterms rule.
- CIP now requires at least an insurance with the minimum cover of the Institute Cargo Clause (A) (All risk, subject to itemized exclusions).
- CIF requires at least an insurance with the minimum cover of the Institute Cargo Clause (C) (Number of listed risks, subject to itemized exclusions).
- The Incoterms rules Free Carrier (FCA), Delivered at Place (DAP), Delivered at Place Unloaded (DPU) and Delivered Duty Paid (DDP) now take into account that the goods may be carried without any third-party carrier being engaged, namely by using its own means of transportation.
- The rule Delivered at Terminal (DAT) has been changed to Delivered at Place Unloaded (DPU) to clarify that the place of destination could be any place and not only a “terminal”.
- The Incoterms 2020 now explicitly shifts the responsibility of security-related requirements and ancillary costs to the seller.
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