QUOTATION

From : SA046 SHAJAHAN To : Raymond Saudi Arabia Ltd

Quote No : QT-SL00055-18 Phone : 013-882-9997 Fax : 013-882-2016
Date : 10-Jan-18 Attn. : Mr.Mohammed Abdul Wasey
Validity : 9-Feb-18 Site : CHEVERON.
Subject : 200 & 55 ton crane.

Dear Sir,
Further to your email inquiry, we are glad to enclose the following quotation of the supply of 200 ton and 55 ton
mobile cranes with operators.
Scope of work : Supply 3rd party certified 200 and 55 ton cranes with operators.

Details Unit Min Hrs. Min Days Rate (SAR)

Hire charges for 200 Ton Crane Day 10 1 10,000.00

Mobilization & Demobilization Charges Lumpsum 3,000.00
Hire charges for 055 Ton Crane Day 10 1 2,300.00
Hire charges for Lifting Gear Day 10 1 2,000.00
Hire charges for Rigger Day 10 1 1,500.00

Payment Terms: Cash in advance

Additional Terms
1.Lifting and tailing lugs to be confirmed by client.
2.1. On 1st January 2018, 5% VAT will be applicable as per Saudi law hence from then onwards, 5% VAT will be
added to the aforementioned pricing.

Third Party Terms

1. Timesheets to be signed by the Hirer's representative on a daily basis. Time sheet will start once our equipment
reaches the site.
2. Quotation/hire agreement to be Signed and stamped by the Hirer prior to mobilization.
3. Official signed and stamped PO by the Hirer on company letterhead with the agreed terms to be provided prior to
mobilization.
4. Standard PPE for our personnel will be provided, any special PPE specific to the site to be provided by the Hirer.
5. Ground conditions and site access to be prepared and cleared.
6. Al Faris standard operating terms and conditions will be applicable at all times. (Attached for reference).
7. All necessary permissions/passes to be arranged by the Hirer.
8. Equipment will be charged for the minimum hire period as confirmed prior to mobilization.

SALLC / QT-SL00055-18 - Raymond Saudi Arabia Ltd ( Page 1 of 3 )

9. Daily Rates - Quoted Daily rate is based on minimum charge 10 hours per shift. Additional hours worked over
10hrs will be charged on pro rata basis.
10. Equipment is subject to availability at the time of order.

We hope our offer is in line with your requirement and look forward to your reply. Assuring you of our best attention at all
times.
This hire agreement is subject to our standard terms and conditions, attached herewith & forming part of. You are
requested to kindly sign, stamp and return this hire agreement upon confirmation of order along with your LPO. Failure to
do so will result in non-delivery of equipments on schedule.

For Al Faris International for General Contracting Co. We hereto have agreed/ signed & Stamped this
(As Owner) agreement on the

Mr. SHAJAHAN KALLOORKKAL

SALES / FIELD CO-ORDINATOR __________________________________________
Tel : 966133626555, Fax : 966133625888 Agreed & Accepted by: Raymond Saudi Arabia Ltd
Mobile : 966503800924 (As Hirer)
Email : [email protected]
Alt Email : [email protected]
Website : www.alfarisgroup.com

SALLC / QT-SL00055-18 - Raymond Saudi Arabia Ltd ( Page 2 of 3 )

 Standard Terms and Conditions
1. All cranes are on main boom configuration only unless specified. c) If the company is of the opinion that the insurance cover held by the client may be insufficient to
2. Based on minimum 10hrs per day on daily basis, 6 days a week (continuous hire) on weekly meet any applicable requirements of clause (17b) of the client’s liabilities under the contract, the
basis, monthly rental is based on per calendar month [regardless of 31 days, 30 days & 28/29 days of company may require the client to take out at the client’s expense additional liability insurance cover or
working per month] (excluding Fridays & Public Holidays), plus mob/ demob with 1-hour lunch break take out such cover itself and recover the cost from the client as debt.
permissible per day. Additional hours worked over 10 hours & on Fridays and Public Holidays will be d) If the value of the contract goods exceeds the company’s liability limits referred to in clause (15b)
charged at quoted hourly rate. and the client requires the company to increase its cover, it is the responsibility of the client to give the
3. All regular maintenance will be to the account of the Owner. company sufficient written notice of that fact with details of the value of the contract goods so that the
4. Basic minimum daily/weekly/monthly rates will be applied for all hires. company’s liability cover, if agreed by the company, can be increased accordingly. The cost of any
5. The Hirer shall not pay any breakdown time and lunch/dinner breaks as recorded on the time Sheet additional cover will be passed on the client.
6. The Hirer to ensure time sheet [working hours] are approved/signed by a responsible site e) The client agrees to indemnify the company against-
representative. No claims or discrepancies will be acceptable after completion of works. e1) Any claim arising from or connected with the Company’s work on the contract site, in preparing
7. Inclusions (Our price includes): Valid registration, Govt. approved third party Test Certificate and the site or performing the contract, including claims of nuisance and claims of trespass to persons,
licensed operator. property, land or air space.
8. Rigging assistance for slinging arrangement and any specialized lifting gear to be supplied by Hirer. e2) All other losses, damage or claims in respect of any matters arising from or in connection with
9. Any special requirement, approvals, terms & conditions withheld/not put forth by the Hirer at the time the contract and for which, under these terms and conditions, the client is liable or for which under
of enquiry and wishes to implement after confirmation of order at the time of delivery can be refused by clause (16) the company is not liable and
supplier (Saudi Al Faris). e3) Any liability arising from or in connection with the contract to pay any amount in excess of the
10. Fuel and Lubes: For hourly and daily rentals fuel will be provided by Saudi Al Faris, however for all relevant limits referred to in Clause (15b)
weekly and monthly rentals fuel [Aramco/equivalent] should be provided by the Hirer. If fuel is supplied f) The Client shall insure against its liability to indemnify the Company and all other liabilities of the
from any other sources, any damages caused to the machines, repair costs will be recovered from client under the contract.
Hirer. g) If requested by the company, the client shall produce a copy of any insurance policy together with
11. Food, Accommodation and Transport: Hirer to provide food, accommodation and transportation for evidence of the premium having been paid, held by the client and relevant to the contract.
our personnel [Labour class not acceptable] for all weekly and monthly hires. For daily hire within city h) Should the customer want to transport Al Faris equipment on their trailers, Haulers Liability
limits, Al Faris will provide Food, Accommodation and Transport. coverage / Transit insurance to be provided by Client.
12. Permits and Passes: Hirer should arrange all Police/Municipality and road permits as and when 18. 18. TRANSPORTATION OF CONTRACT GOODS:
required for operation of the equipment in restricted areas. Hirer to provide all passes for our personnel a) The company is not a common carrier.
and equipment, if required. b) If, under the contract, the contract goods or any part of them require transportation by air, sea,
13. Non Availability of Work:In case the equipment works less than the minimum hours or 10 hours road or rail the company may either undertake the transportation or arrange for transportation by some
per day due to non-availability of work or inadequate weather conditions, the minimum hours as agreed other person or organization.
will be applicable. c) In the latter event referred to in clause (18b) unless otherwise agreed in writing by the Company,
14. Site Supervision:Supervision at your site shall be your responsibility and accordingly the operator the company’s liability for the Contract Goods so transported shall be no greater than that of the
will be under the control of the Hirer. The Hirer to ensure clear and proper directions are given for all person or organization carrying out the transportation, that is the airline, shipping company, haulage
work to be performed by the operator and Hirer will be solely responsible for all acts or omissions of the contractors or railway authority concerned, and the amount of compensation, if any, payable for loss of
operator while performing duties under the supervision. Hence any damages to third party property or damage to the contract goods during transportation shall be limited to the amount recoverable from
arising out of such operation will be the Hirer’s risk and such insurance cover should be arranged by the that person or organization in respect of that loss or damage.
Hirer at their own cost on waiver of subrogation towards Saudi Al Faris. The Hirer will not request the 19. Insurance for tandem lift operation to be covered by Hirer and copy marked to us prior to
equipment to be utilized to perform any duties beyond its rated capacity at any time. commencement of job.
15. LIABILITY OF THE COMPANY: 20. Site Conditions: The Hirer to ensure that the ground conditions are adequate for travel on site
a). The Company shall be liable for loss or for damage or injury to persons or property when caused and to set up the equipment in its final working position. The Hirer should ensure that any utility lines
solely by the Company’s negligence in the performance of the contract and shall not be liable for any (below the ground or around the site) are identified and notified to Saudi Al Faris before the crane
such loss, or damage or injury due in whole or in part to any negligence on the part of the client or any arrives on location and it will be the Hirer’s sole responsibility, if any damage occurs to such facilities.
third party Hirer to ensure that the ground is firm, compacted and free from any impediments at all times for a
b1) For loss or destruction or damage to the contract Goods shall be limited to a total of SAR 250,000 safe, smooth and efficient movement of the equipment while on site.
(SAUDI RIYALS TWO HUNDRED FIFTY THOUSAND) irrespective of the number of items being lifted 21. Duties & Taxes: All government related taxes including company taxes, withholding taxes, duties
or handled. and custom deposits / guarantees or any other levies arising due to operation of equipment on site or
b2) For any other loss, damage or injury shall be limited to a total sum $ 2,000,000 (United States by way of traveling to site as per the laws of the country to be borne by the Hirer.
Dollar Two Million only). 22. Equipment Replacement: Saudi Al Faris will not be responsible for any loss or consequential
Unless in either case, a different amount is agreed in writing by the company and the Client prior to loss, due to breakdown of any of our equipments while traveling to site / at site. Replacement will be
the commencement of the contract. provided for major breakdowns subject to availability.
16. EXCLUSION OF THE COMPANY’S LIABILITY: 23. Availability of Equipments: All equipments are subject to availability at the time of confirmation
a). The company shall not be liable for any loss, damage or injury caused by, or arising from or as the of order and will be delivered strictly in compliance with our standard terms and conditions. Saudi Al
result of, any of the following: Faris will only hire equipments for which it has received the specific order.
a1) Any defect in the Contract Goods including any design defect and any defect relating to the lifting 24. Re-hire/Sub lease: The Hirer shall not re-hire or sub lease the equipment hired without the
points on the contract goods. consent and approval of the Owner. In the event of the Owner finding the Hirer carrying out such above
a2) Inaccurate or incomplete information given by the Client. mentioned practice, it will be termed illegal and the Owner has the option of carrying out legal action
a3) Any instructions given by the client to the company’s employees. against the Hirer. The Owner will subsequently be relieved of any/all insurance claim/s from the Hirer.
a4) Any defect in the equipment provided by the client. 25. Payment Terms: Refer Hire Agreement. All rates quoted are net payable to Saudi Al Faris. Default
a5) Any act or omission of any personnel supplied by the client, or any body or person under contract in payment by your client / main contractor to your company should not be extended to Saudi Al Faris.
to the client in connection with the contract goods, except when correctly following the company’s Payment exceeding the credit period will be levied with interest of 2% per month.
instructions for the purpose of performing the Company’s work under the contract. 26. In the event of the Hirer suffering any legal action, distress or execution to be levied against him or
a6) Delay in commencing or completing the contract works due to circumstances beyond the make proposal to make any arrangement with his creditors, or shall enter into liquidation or shall be do
company’s control including, but not limited to, any strike or other industrial action or adverse weather or cause to be done or permit or suffer any act or thing; shall not be considered a reason for the Owner
conditions. not to receive from the Hirer all monies due to the Owner.
a7) Unexpected or unforeseen subsidence or unstable ground conditions. 27. Termination: The agreement can be terminated by either party giving [15] days notice in writing.
b). The company shall not be liable or responsible for any of the following. However arising: 28. Extension: The hirer to notify in writing with a lead time of [15] days for extend of this hire period.
b1) Loss or damage of whatever nature due to or arising through any cause beyond the company’s 29. Any dispute arising out of formation, performance, interpretation, nullification, termination or
reasonable Control. invalidation of this contractor arising there from or related thereto in any manner whatsoever, shall be
b2) Whether by way of indemnity or by reason of any breach of the contract, breach of statutory duty referred to the exclusive jurisdiction of UAE courts.
or misrepresentation or by reason of commission of a tort (including but not limited to negligence) in 30. VAT: Upon acceptance of this agreement the parties agree that in the event of Value Added Tax
connection with the contract for any of the client’s loss or profit, loss of the use of the plant or any other (VAT) being levied or introduced by the Government Authorities of Saudi Arabia, Saudi Al Faris
asset, or facility, loss or production or productivity, loss of contracts with any third party, liabilities of reserves the right to charge the VAT rate at the prevailing VAT rate (as applicable) in respect of any
whatever nature to any third party, and/or any other financial or economic loss or indirect or supply so far as mentioned in the Agreement. The Hirer/Purchaser shall pay the amount of any such
consequential loss or damage of whatever nature; and VAT as an addition to the invoice value. Saudi Al Faris shall provide to the Hirer/Purchaser the
b3) Loss or damage to the contract goods whilst in storage outside the control of the company documentation required by VAT legislation to permit the Hirer/Purchaser to claim an input of VAT
deduction on their VAT return.
17. INSURANCE:
a) The Company will carry insurance to cover its potential liability under the contract having regard to
the maximum amounts referred to in clause (15b).
b) The Company may, at its discretion, exclude the contract from cover under its existing policies and
require a specific Insurance policy to cover the contract to be provided by and at the expense of the
client. This specific insurance policy shall provide the company with protection no less extensive than
would have been the case if this clause (17b) had not been invoked.

SALLC / QT-SL00055-18 - Raymond Saudi Arabia Ltd ( Page 3 of 3 )