Assembly of Bay Frame Weldment

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Assembly
Assembly of Bay Frame Weldment


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A buyer in the Biotech/Pharmaceutical industry located in Cambridge, Massachusetts United States United States successfully sourced for the Assembly of a part called Bay Frame Weldment on www.MFG.com

Request for Quote Details:

 The specific Assembly process that was specified is Welded Assembly.
 The specified material is Metal-Steel.
 This RFQ was for 1, 2, and 3 Assemblies. The estimated annual usage is 24.

RFQ Notes:

Production of a large steel frame that requires sheetmetal, tubular stock, and plate stock to be welded and post machined. Followed by powder coating.

Bidders MUST agree to an early delivery Bonus and a late delivery Penalty schedule.

- Early Delivery BONUS

Delivery BEFORE the requested delivery date will accrue a BONUS of one percent of the total contract cost per calendar day for the first seven days early, up to a maximum BONUS of 7%.

- Late Delivery PENALTY

Delivery AFTER the requested delivery date will accrue a PENALTY of one percent of the total contract cost per calendar day for the first seven days late, two percent per calendar day for the next seven days late, and three percent per calendar day for the next seven days late, up to a maximum PENALTY of 42%.

EXAMPLE 1 - If the order is delivered seven calendar days late, the total invoiceable price will be reduced by seven percent from the original bid (7 days x 1% = 7%).
EXAMPLE 2 - If the parts are delivered 10 calendar days late, the invoiced price will be reduced by a total of 13 percent (7 days x 1% + 3 days x 2% = 13%).
EXAMPLE 3 - If the parts are delivered 21 calendar days late, the total invoicable cost will be 42 percent off the original bid (7 days x 1% + 7 days x 2% + 7 days x 3% = 42% MAXIMUM).
This RFQ was awarded online at www.MFG.com to a Assembler in Tipp City, Ohio United States United States.
The annualized value of this RFQ was $108,240 USD to a Assembler who is a member of the www.MFG.com service.


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