Payment Terms Net 60 Day - 10% of purchase order value upon submittal of approved drawings
- 16% of purchase order value upon arrival of main materials (those not free issued by Technip) at shop
- 64% of purchase order value upon ready to ship (after receipt of inspection and shipping release by Technip) of each furnace - 8 shipments, 8% after each furnace
- 10% of purchase order value upon receipt, in proper form, of all final QA documents and Drawings data and documentation as identified in requisition section SR. Part II, titled "Documents and Drawings Supply