Purchase Order Economist in Bangladesh Dhaka –Free Word Template Download with AI

PO No: BD-DHK-2025-04782
Date of Issue: 15 June 2025
Valid Until: 15 July 2025

Buyer / Receiving Party

Name: Dhaka Business & Academic Publications Ltd.

Address: House 42, Road 11, Banani, Dhaka 1213, Bangladesh

Contact Person: Md. Rafiqul Islam, Procurement Manager

Phone: +880-2-9887654

Email: [email protected]

VAT Registration No: 000123456-0201

Seller / Supplying Party

Name: Economist Group Distribution International

Address: 25 St James's Street, London SW1Y 4HU, United Kingdom

Contact Person: Sarah Whitfield, Export Sales Director

Phone: +44-20-7575-5000

Email: [email protected]

Company Reg No: 00012345

1. Description of Goods / Services

This Purchase Order is issued by Dhaka Business & Academic Publications Ltd., located in Bangladesh Dhaka, for the procurement of The Economist magazine subscriptions and bulk print copies. The Economist is a globally recognized weekly news and current affairs publication, and this order pertains to the supply of both digital access licenses and physical print editions for distribution, academic use, and corporate subscription purposes within the Dhaka metropolitan area and surrounding regions of Bangladesh.

Item No.	Description	Quantity	Unit	Unit Price (USD)	Amount (USD)
1	The Economist – Annual Print Subscription (52 issues/year), Standard International Edition, delivered to Dhaka, Bangladesh	250	Subscriptions	149.00	37,250.00
2	The Economist – Digital Access License (Institutional), 12-month access for academic and corporate readers in Dhaka	1,000	User Licenses	89.00	89,000.00
3	The Economist – Bulk Print Copies (Current Issue), for retail distribution across Dhaka bookstores and newsstands	5,000	Copies	3.50	17,500.00
4	The Economist – Back Issue Archive (2020–2024), bound volumes for the Dhaka University Library collection	120	Volumes	45.00	5,400.00
5	International Shipping & Customs Clearance (Air Freight to Hazrat Shahjalal International Airport, Dhaka, Bangladesh)	1	Shipment	2,800.00	2,800.00
6	Local Distribution & Handling within Dhaka Metropolitan Area (including GEC, Uttara, Mirpur, and Dhanmondi zones)	1	Service	1,200.00	1,200.00
TOTAL AMOUNT (USD)					153,150.00

2. Delivery Terms and Location

All physical goods under this Purchase Order shall be delivered to the receiving warehouse of Dhaka Business & Academic Publications Ltd. at the address stated above in Bangladesh Dhaka. The delivery shall be made via air freight to Hazrat Shahjalal International Airport (DAC), Dhaka, with subsequent ground transport to the final destination within the Dhaka city limits. The Seller shall ensure that all copies of The Economist are properly packaged, protected against humidity and heat conditions typical of the Dhaka climate, and accompanied by all necessary customs documentation for clearance through the Bangladesh Customs Department.

Delivery is expected within 21 calendar days from the date of this Purchase Order. The digital access licenses for The Economist shall be activated and made available to the designated user accounts in Dhaka within 5 business days of confirmed payment.

3. Payment Terms

Payment for this Purchase Order shall be made in United States Dollars (USD) via international wire transfer (SWIFT) to the account of Economist Group Distribution International. The payment schedule is as follows:

50% Advance Payment: USD 76,575.00 due within 7 business days of acceptance of this Purchase Order.
50% Balance Payment: USD 76,575.00 due within 14 business days of confirmed delivery of all physical goods to Bangladesh Dhaka and successful activation of digital licenses.

Bank charges on the sender's side shall be borne by the Buyer. All payments are subject to the prevailing foreign exchange regulations of the Bangladesh Bank. The Buyer shall obtain a Letter of Credit (LC) or Bank Guarantee from a scheduled bank in Dhaka if required by the Seller.

4. Terms and Conditions

4.1 This Purchase Order is governed by the laws of the People's Republic of Bangladesh and the United Nations Convention on Contracts for the International Sale of Goods (CISG).

4.2 The Seller warrants that all copies of The Economist supplied under this order are genuine, undamaged, and in full compliance with international publishing standards. Any defective or damaged items shall be replaced at the Seller's expense within 30 days of notification from the Buyer in Dhaka.

4.3 The digital access licenses for The Economist are non-transferable and restricted to use within the geographical boundaries of Bangladesh. The Buyer shall ensure that all licensed users in Dhaka comply with the terms of use as stipulated by the Economist Group.

4.4 The Buyer is responsible for all import duties, VAT (Value Added Tax at 15% as applicable in Bangladesh), and customs clearance charges at the port of entry in Dhaka. The Seller shall provide a commercial invoice, packing list, certificate of origin, and any other documents required by Bangladesh Customs.

4.5 In the event of force majeure, including but not limited to natural disasters, political unrest, or government-imposed restrictions in Bangladesh Dhaka that prevent timely delivery, the affected party shall notify the other within 48 hours, and the delivery timeline shall be extended accordingly.

4.6 Disputes arising from this Purchase Order shall be resolved through arbitration in Dhaka, Bangladesh, in accordance with the Arbitration Act of Bangladesh. The language of arbitration shall be English.

4.7 This Purchase Order becomes effective upon written acceptance by both parties. No modification or amendment shall be valid unless made in writing and signed by authorized representatives of both the Buyer and the Seller.

Note: This Purchase Order is specifically issued for the procurement of The Economist publication for use, distribution, and academic purposes in Bangladesh Dhaka. All references to delivery, payment, and regulatory compliance are tied to the Dhaka metropolitan area and the national framework of Bangladesh. The Buyer confirms that the procurement of The Economist under this order is for legitimate commercial, academic, and editorial purposes in accordance with Bangladeshi law. 5. Acceptance and Authorization

For and on behalf of the Buyer:

Dhaka Business & Academic Publications Ltd.

Md. Rafiqul Islam
Procurement Manager
Date: _______________

For and on behalf of the Seller:

Economist Group Distribution International

Sarah Whitfield
Export Sales Director
Date: _______________ ⬇️ Download as DOCX Edit online as DOCX

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