You are a customs broker assisting a foreign client that wants to purchase equipment from a U.S. company. In response to your request, the U.S. supplier sent you a formal quotation for your client in the form of a Pro Forma Invoice (see attached file). Your client is satisfied with the equipment specifications, but they do not understand the "Terms of Sale". Prepare a detailed written explanation for your client of the specific conditions for delivery and payment contained in the quotation. PROFORMA INVOICE/EXPORT ORDER Ph. 202-555-1212 Fax 202-555-1111 PRO FORMA NVOICENO Col.91-14 DATE July 12 SHIPPER Tech International 1000 J Street, NW Washington, DC 20005 CUSTOMER Gomez Y, Cartagena Apido Postal 77 Bogota, Colombia COMMERCIAL VOICENO DATE CUSTOMER REFERENCE DATU LTR July 9 TEPS OF SALE CIP Buenaventura, Colombia (INCOTERMS 2000) SHPTO det han Customer NODIFY Core SH VA AIR EST OPDATE 60 DAYS FROM RECEIPT OF ORDER AND LETTER OF CREDIT PART NUMBER DESCRIPTION UNIT QUANTITY MEASURE EA 3 TOTAL PRICE $14,750.00 544,250.00 $ 1.200.00 $ 3.600.00 EA 3 $ 4.235.00 $12,705.00 2-50 Separators in accordance with attached specifications 14-40 EA First-stage Filter Assemblies per attached specifications custom 3 Drive units - 30 hp each (for operation on 3-phase 440 V, 50 cy, current) complete with remote controls TOTAL EX WORKS Washington, D.C.domestic paked... Export processing, packaging, prepaid inland freight to Dulles international Airport & forwarder's handling charges TOTAL FCA WASHINGTON DULLES AIRPORT Estimated airfreight and insurance TOTAL Est. CIP Busanventura, Colombia Estimated gross weight 9,360 lbs. Estimated cube 620 cu meters Export packed 4.212 kg. Export packed 15.6 cu meters 1. All prices quoted herein are US dollars. 2. Prices quoted herein for merchandise only are valid for 60 days from July 12, 3. Any changes in shipping costs or insurance rates are for account of the buyer $60.555.00 S 3.115.00 S60,555.00 $ 2,960,00 $66.630.00 INCLUDED an ADITIONAL CHARGES MEGT CONSULARLEGALIZATION NSPECTIONCERTIFICATION SPECIAL PACKINO INSURANCE INCLUDED LETTER OF CREDIT DUFT OPEN ACCOUNT OTHER CURRENCY OF PAYMENT US DOLLARS Forme 15-30LIV.C 201 Circle De 106.000-3000 www.com You are a customs broker assisting a foreign client that wants to purchase equipment from a U.S. company. In response to your request, the U.S. supplier sent you a formal quotation for your client in the form of a Pro Forma Invoice (see attached file). Your client is satisfied with the equipment specifications, but they do not understand the "Terms of Sale". Prepare a detailed written explanation for your client of the specific conditions for delivery and payment contained in the quotation. PROFORMA INVOICE/EXPORT ORDER Ph. 202-555-1212 Fax 202-555-1111 PRO FORMA NVOICENO Col.91-14 DATE July 12 SHIPPER Tech International 1000 J Street, NW Washington, DC 20005 CUSTOMER Gomez Y, Cartagena Apido Postal 77 Bogota, Colombia COMMERCIAL VOICENO DATE CUSTOMER REFERENCE DATU LTR July 9 TEPS OF SALE CIP Buenaventura, Colombia (INCOTERMS 2000) SHPTO det han Customer NODIFY Core SH VA AIR EST OPDATE 60 DAYS FROM RECEIPT OF ORDER AND LETTER OF CREDIT PART NUMBER DESCRIPTION UNIT QUANTITY MEASURE EA 3 TOTAL PRICE $14,750.00 544,250.00 $ 1.200.00 $ 3.600.00 EA 3 $ 4.235.00 $12,705.00 2-50 Separators in accordance with attached specifications 14-40 EA First-stage Filter Assemblies per attached specifications custom 3 Drive units - 30 hp each (for operation on 3-phase 440 V, 50 cy, current) complete with remote controls TOTAL EX WORKS Washington, D.C.domestic paked... Export processing, packaging, prepaid inland freight to Dulles international Airport & forwarder's handling charges TOTAL FCA WASHINGTON DULLES AIRPORT Estimated airfreight and insurance TOTAL Est. CIP Busanventura, Colombia Estimated gross weight 9,360 lbs. Estimated cube 620 cu meters Export packed 4.212 kg. Export packed 15.6 cu meters 1. All prices quoted herein are US dollars. 2. Prices quoted herein for merchandise only are valid for 60 days from July 12, 3. Any changes in shipping costs or insurance rates are for account of the buyer $60.555.00 S 3.115.00 S60,555.00 $ 2,960,00 $66.630.00 INCLUDED an ADITIONAL CHARGES MEGT CONSULARLEGALIZATION NSPECTIONCERTIFICATION SPECIAL PACKINO INSURANCE INCLUDED LETTER OF CREDIT DUFT OPEN ACCOUNT OTHER CURRENCY OF PAYMENT US DOLLARS Forme 15-30LIV.C 201 Circle De 106.000-3000 www.com