LETTER OF INTENT (LOI) – APPENDIX 1005

All rates includes VAT. The rates below are subject to the terms and conditions of the contract. Increase and decrease in statutory portion of the rate will be applied as and publication in the government Gazetee takes place.

DEAL / TYPE OF VEHICLE / FROM / TO / DISTANCE / RATE
CONTRACT / 34 TON SIDE TIPPER / ATOK (POLOKWANE) / ROODEKOP (CSI WAREHOUSE) / 378KM / R260 PER TON
CONTRACT DETAILS
COMMODITY TRANSPORTED: / CHROME
TRIP TYPE: / BETWEEN STEELPOORT AND ROODEKOP
NUMBER OF TRUCKS REQUIRED: / 10
MINIMUM LOADS PER DAY: / 1
OPERATIONS: / 24/7
DRIVERS REQUIRED: / 1 DRIIVER 2 IF POSSIBLE
DIESEL STATUS: / ON ACCOUNT
GIT INSURANCE: / R350 000
DURATION OF THE CONTRACT: / 1 YEAR WITH RENEWAL
COMMENCEMENT DATE: / 15 AUGUST 2016
PAYMENT TERM: / WEEKLY

BACKLOADS

DEAL / TYPE OF VEHICLE / FROM / TO / DISTANCE / RATE
CONTRACT / 34 TON SIDE TIPPER / ROODEKOP / JOHANNESBURG / POLOKWANE / 390KM / 200 P/T
CONTRACT DETAILS
TRIP TYPE: / JOHANNESBURG AND POLOKWANE
NUMBER OF TRUCKS REQUIRED: / 10
MINIMUM LOADS PER DAY: / 1
OPERATIONS: / 24/7
DRIVERS REQUIRED: / 1 DRIIVER
DIESEL STATUS: / ON ACCOUNT
GIT INSURANCE: / R350 000
DURATION OF THE CONTRACT: / 1 YEAR WITH RENEWAL
COMMENCEMENT DATE: / 15 AUGUST 2016
PAYMENT TERM: / WEEKLY

REQUIRED DOCUMENTS BEFORE INDUCTION:

MEDICAL FOR DRIVER NUMBER

SPREADSHEET OF TRUCKS

OWNER CONTACT DETAILS

COMPANY REGISTRATION DOCUMENTS

TRUCK AND TRAILER REGISTRATIN DOCUMENTS

DRIVERS PDP CERTIFICATE AND ID COPIES

TRACKER CERTIFICATE

GIT/COMPREHENSIVE INSURANCE DOCUMENTS

OPERATIONAL REQUIREMENTS

2 X STOP BLOCKS

ORANGE ROTATING LIGHT ON HORSE

REVERSE HOOTER

9KG FIRE EXTINGUISHER ON HORSE AND BOTH TRAILERS

RED TRIANGLE

1 X SPARE WHEEL FITTED TO TRAILER

BOTH TRAILERS MUST HAVE TARPAULINS

DRIVER SAFETY GEAR REQUIREMENTS

HARD HAT

REFLECTIVE JACKET

OVERALL

SAFETY BOOTS

Terms and Conditions

Please ensure that all invoices accompanied by original proof of delivery documents reach our offices within 7 DAYS AFTER DELIVERY. The supplier will not be held responsible for any loss in payments. No supplier invoice will be processed without a copy of this Load Confirmation attached to the actual invoice.

Payments can only be made should all documents were received and Original. CUT OFF DATES WILL BE 17TH MONTHL Y UNLESS OTHERWISE SPECIFIED. R250-00 PENALTIES WILL BE CHARGED TO YOUR CURRENT BILL FOR NOT LOADING A BOOKED LOAD

In an event where the Sub – Contractor has approached our client regarding any transporting of goods and was granted loads, supplier will claim 15% of every load duly paid to such a Sub Contractor

The Sub Contractor is responsible at all times to acquire GIT insurance per load to the minimum a s stated in the Standard Terms and Conditions of trade, except where expressly stated differently, the minimum will be all risk goods in transit of R350 000-00 PERLOAD

WE DO NOT ACCEPT ANY RESPONSIBILITYFOR FINES, DAMAGES, SHORT AGES, TRANSPORT PERMITS DELA YS IN OFF AND LOADING, ST ANDINGTIMES, OVERLOADING.

It is the Sub Contractors responsibility to keep our offices informed of the Movement of the vehicle. Breakdowns or delays en route must be communicated immediately

PLEASE ENSURE BINS ARE CLEANED BEFORE LOADING

ACCEPTENCE OF LEETTER OF INTENT

I,………………………………………………………………………………………..The undersigned are duly represented

And fully authorized to accept this LOI on behalf of

……………………………………………………………………………………………………………… . As signing this letter of intent, I also attach all required spreadsheet and documents. Attached copies thereof will form part of this LOI and contract to be signed and will not differ from the actual trucks that will be supplied. By signing this LOI, I further agree to commit to the number of …………….. Trucks with the capacity of ……………. Ton each from (date) …………. /…………/……….. .

Loads confirmation will be issued and forwarded on receipt of required documents as stipulated above. I have read and understood the penalties for late load and delivery.

Signed at ………………………………………………………………………………………. on the

………………………………………….. Day of ………………………………. 201 ……………….. .

…………………………………………………………….

Signature

Authorized by KHZ TRANS LOGISTICS (PTY) LTD CHROME OWNERS