Purchase Order Baker in Venezuela Caracas –Free Word Template Download with AI

1. Scope of Purchase Order: This Purchase Order (PO-BAKER-VC-2025-00487) constitutes a binding agreement between Baker Industrial Supply Co., operating from its principal facility in Venezuela Caracas, and Baker Global Procurement Partners LLC. All items specified herein are to be manufactured, inspected, and shipped in strict accordance with the specifications outlined in the Baker Technical Standards Manual, Edition 2025.

2. Delivery and Logistics: The seller shall deliver all goods DDP to the Baker warehouse located in the Zona Industrial de Guarenas, within the Venezuela Caracas metropolitan area. Delivery must be completed no later than August 15, 2025. The seller is responsible for all international shipping, customs clearance at the Port of La Guaira, and final-mile delivery within Venezuela Caracas. Any delays exceeding five (5) business days beyond the stated deadline shall incur a penalty of 0.5% of the total Purchase Order value per day of delay.

3. Quality Assurance: All Baker-branded equipment must arrive in Venezuela Caracas with full factory certification, CE marking, and compliance documentation. Baker Industrial Supply Co. reserves the right to conduct a 72-hour operational inspection upon arrival at the Venezuela Caracas facility. Any item failing to meet the Baker quality threshold shall be rejected at the seller's expense.

4. Payment: Payment of the full Purchase Order amount shall be made within forty-five (45) calendar days following confirmed receipt and successful inspection of all goods at the Baker facility in Venezuela Caracas. Payment shall be executed in United States Dollars via wire transfer to the seller's designated account, subject to the exchange rate controls administered by the Central Bank of Venezuela. Baker Industrial Supply Co. shall provide all necessary import documentation to facilitate the transaction under Venezuelan financial regulations.

5. Warranties: Baker Global Procurement Partners LLC warrants that all goods supplied under this Purchase Order are free from defects in materials and workmanship for a period of twenty-four (24) months from the date of delivery in Venezuela Caracas. Baker shall provide on-site technical support in Venezuela Caracas for the first twelve (12) months, with remote support available thereafter.

6. Force Majeure: Neither party shall be held liable for delays or failures in performance resulting from events beyond reasonable control, including but not limited to natural disasters, government sanctions affecting trade with Venezuela, port closures at La Guaira, or regulatory changes by Venezuelan authorities. The affected party must notify the other within forty-eight (48) hours of the occurrence.

7. Governing Law and Dispute Resolution: This Purchase Order shall be governed by the commercial laws of the Republic of Venezuela. Any disputes arising from this agreement between Baker Industrial Supply Co. and Baker Global Procurement Partners LLC shall first be subject to good-faith negotiation. If unresolved within thirty (30) days, disputes shall be referred to arbitration under the rules of the Caracas Chamber of Commerce, with proceedings conducted in the city of Venezuela Caracas.

8. Confidentiality: Both Baker entities acknowledge that the terms, pricing, and technical specifications contained in this Purchase Order are proprietary. Neither party shall disclose the contents of this document to third parties without prior written consent, except as required by Venezuelan law or regulatory bodies in Venezuela Caracas.