Standardpräsentation Investor Relations - K+S Aktiengesellschaft
Standardpräsentation Investor Relations - K+S Aktiengesellschaft
Standardpräsentation Investor Relations - K+S Aktiengesellschaft
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purchaser<br />
vendor<br />
Salt<br />
Details of De-icing Salt Bidding Processes<br />
defined by<br />
Details specified in typical<br />
bid document<br />
volume<br />
destination<br />
delivery<br />
product and service<br />
specifications<br />
guaranteed minimum<br />
purchase requirement<br />
maximum delivery<br />
requirement<br />
price<br />
• Government de-icing contracts are awarded in<br />
Europe, the US and Canada in the form of public<br />
bids<br />
• Government purchaser issues bid documents in<br />
late spring/early summer<br />
• Vendors hand in sealed bids, which will be<br />
opened at date and time specified in the bid<br />
documents<br />
• Lowest priced bid that satisfies all requirements<br />
will be awarded<br />
• In the US, Canada and most parts of Europe, all<br />
vendor’s bids will become public<br />
• In the US most bids are valid for one year/season<br />
• In Canada and some parts of Europe contracts<br />
might be awarded for a duration of up to 4 years<br />
June 2013 <strong>K+S</strong> Group 80
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