Clyde Process Ltd T+441302321313

Carolina Court F +441302554400

Lakeside sales@clydeprocess.co.uk
Doncaster www.clydeprocess.co.uk
DN4 5RA
UK

Economic Offer including

comments/exception
Client : AMECFW for Codelco Chuquicamata

For the Attention of : Mr Robert Quiroz

Project Name : Proyecto Humos Negros

Project No : M40317

Ref : RFQ No CHN-MCV-R01

Copper Concentrate Pneumatic

Transport System from New Dryer
No 6 to Intermediate Silos

Ref: P7578 Rev_01

Date: 14th April 2016

Application Engineer:
Ryhan Choudhury
ryhan.choudhury@schenckprocess.com

Sales Manager: Joe Dickinson

joe.dickinson@schenckprocess.com

Confidentiality, copyright and reproduction:

This document has been prepared by Clyde Process

Ltd in response to an invitation to submit a quotation.
This is submitted on the basis of strict confidentiality.

The contents shall not be reproduced or disclosed to

third parties without the prior written consent of Clyde
Process.

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Contents
1.0 Documentation Issued with Quotation 3
2.0 Price Summary & Commercial Conditions 3
2.0 Purchase Price 3
2.1 Terms and Conditions of Sale 3
2.2 Special Conditions 3
2.3 Purchase Price 3
2.4 Payment Schedule 4
2.5 Bank Guarantees 4
2.6 Final Date for Payment 4
2.7 Delivery Date 4
2.8 Terms of Delivery & Site 4
2.9 Value Added Tax 4
2.10 Warranty Period 5
2.11 Limitation of Liability 5
2.12 Validity 6
2.13 Export Control Regulations 6

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1.0 DOCUMENTATION ISSUED WITH QUOTATION

Commercial Comments against Amec Foster Wheeler - Codelco Chile 23-03-16

3rd Party Commissioning Rates 2016

2.0 PRICE SUMMARY & COMMERCIAL CONDITIONS

2.0 Purchase Price

The prices are based upon the assumption that any contract will cover the whole of the
work [excluding options] described in this quotation. Deletions may affect the price and/or
delivery of the remaining scope of works.

As defined in Document 03. F6400 033C Scope of Supply MCV-R01

All prices are in Sterling and are fixed and firm subject to internal approval

2.1 Terms and Conditions of Sale

The following Terms & Conditions shall apply to any ensuing contract to the
exclusion of any other terms:

To be confirmed around the below two documents;

07. F64000 26 General Terms and Conditions

Commercial Comments against Amec Foster Wheeler - Codelco Chile 23-03-16

2.2 Special Conditions

To be read in conjunction with the Clyde Process Limiteds Terms & Conditions of Sale
attached hereto. [Also accessible at www.clydeprocess.co.uk]

2.3 Purchase Price

As defined in Document 03. F6400 033C Scope of Supply MCV-R01

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2.4 Payment Schedule

i. 30% Advance Payment, against submission of one bank guarantee for the same
amount.

ii. 15% on approval of provisional GA, P&ID and FDS or 5 days after Vendor
submits these documents for approval, if the documents are not rejected during
these 5 days.

iii. 15% on issue of Major sub orders (Submission of un-priced POs), which are:
a. Vessel Shell
b. Hopper
c. Lined Bends

iv. 5% on readiness to deliver Surge/Buffer Hopper Ex Works Santiago, Chile.

v. 5% on readiness to deliver Reception Filter Ex Works Sabetha, Kansas, USA.

vi. 30% on readiness to deliver Transport System Ex Works Newark, UK.

2.5 Bank Guarantees

A. 30% Advance payment bank guarantee valid from the award of contract until readiness
to deliver Ex Works, Newark UK.

B. 10% Warranty bond of the total PO amount valid from the award of contract until 18
months after readiness to deliver Ex Works, Newark UK.

All Bonds would be issued by Banco de Chile under Chilean Law.

2.6 Final Date for Payment

30 days after the date of invoice.

2.7 Delivery Date

The equipment/services specified in this proposal will be ready for delivery within 28
working weeks from receipt of an order and full purchase specifications.

Based on
Drawing approvals within 2 weeks of submission
Kick-off to take place on week Two (2) or Three (3) from award of contract
Pipe Route fixed and approved within week Six (6) or Seven (7) from award of
contract
Design approved on week Eight (8) from award of contract

2.8 Terms of Delivery & Site

Transport System + Blower Unit Packed Ex Works Newark, UK

Surge/Buffer Hopper Ex Works, Santiago, Chile
Reception Filter Ex Works Sabetha, Kansas, USA.

2.9 Value Added Tax

The Purchase Price excludes all value added tax (VAT) and all other taxes, charges or
levies.
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2.10 Warranty Period

18 months from the date of delivery, or where the Company undertakes the
commissioning of the equipment, 12 months from completion of commissioning.

This Guarantee is valid providing:

a) The system feed details, pipe routing, pipe construction and support details,
engineering drawings have been approved by the Seller in writing.

b) The equipment is shipped, stored, erected, used and maintained in strict

accordance with the Sellers written instructions and specifications, and providing
that the equipment is put into service and commissioned by the Sellers qualified
personnel.

c) No changes have been made to the approved system, and / or to the materials
being conveyed as described in the Sellers Proposal without the express written
permission of the Seller.

If the equipment is started-up and commissioned prior to Acceptance by the

Buyer or end Customer, and the commencement of the guarantee period, then it
is the Buyers responsibility, at his cost, to ensure that the equipment is
maintained in a satisfactory condition during this period, in accordance with the
Sellers written instructions, and to ensure that the equipment is in the as
commissioned condition when the guarantee period starts

Any fault occurring during the guarantee period must be reported by e-mail or Fax
immediately by the Buyer to the Seller.

The Seller will either replace the faulty component using his own personnel, or
instruct the Buyer or end Customers trained personnel to repair the fault at the
cost of the Seller without affecting the guarantee. Confirmation of the Sellers
proposed course of action should be given within 5 days of notification of any
fault.

If on investigation, the fault is found not to have been caused by failure of the
Sellers equipment, all costs incurred will be paid by the Buyer.

The Sellers liability for defects in the equipment will cease upon expiration of the
Guarantee Period.

The following items are regarded as wear items and are therefore not included in the
stated warranty period.

Item No. Description Notes

1 Dome Valve Seals, Gasket and Bearings Consumable
2 Wear Bends Consumable
3 Filter Bags Consumable
4 Blower Oil Consumable
5 Blower Filter Elements Consumable

2.11 Limitation of Liability

The Companys total liability to the Customer in respect of all other losses arising under or
in connection with the Contract, whether in contract, tort (including negligence), breach of
statutory duty, or otherwise, shall not exceed the Purchase Price.
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2.12 Validity

30 days from date of issue.

2.13 Export Control Regulations

The validity of this quotation/proposal is subject to (i) compliance of the envisaged export
of goods with any export control laws applicable at the time of shipment and/or (ii) the
issuance of any required export licence, through competent export authorities. The Buyer
is required to comply with applicable export control laws when exporting or transferring
goods of Schenck Process.

For and on behalf of Clyde Process Ltd

Joe Dickinson
Technical Sales Manager Pneumatic Conveying & Transport
Minerals and Metals

Ryhan Choudhury
Application Engineer

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