For recurring activities with the oil and storage sector ASEVA operates by means of framework agreements. Here you will also find all information on our other activities and procurement procedures.
Replacement
The Product Replacement Agreement (PRA) is a contract which fixes the procedure to replace finished products owned by ASEVA with new products.
Product replacement
ASEVA can launch a call for tenders for the delivery of stored product and delivery of new product that meets the same or a different specification. This replacement operation is undertaken by ASEVA’s partner against a fee which covers all costs for delivery and redelivery. The difference in stock coverage by ASEVA caused by the difference between the delivered but not yet redelivered volume is covered by the partner, if requested by ASEVA in the specifications of the specific replacement operation. This coverage may consist of a property title on another product of the partner or a ticket with bank guarantee on a replacement volume. Products need to be refreshed when a new specification is imposed or when a quality analysis indicates its need.
Product replacement is needed regularly, because ASEVA stored a lot of its stocks segregated. Selected partners have thus regular business opportunities.
Interested? Introduce your candidacy for the framework agreement APETRA/2019/5 by means of the documents below.