CPT lead time guarantee
Quelle: https://iccwbo.org/resources-for-business/incoterms-2020/
TL;DR
Under CPT (Carriage Paid To), the seller is obligated to pay for carriage to the named destination. The lead time guarantee adds a contractual assurance that the delivery will occur within a specified time frame; if the promise is not met, there may be contractual consequences or penalties. The guarantee concerns the timeliness of delivery, not insurance or liability for …
Under CPT (Carriage Paid To), the seller is obligated to pay for carriage to the named destination. The lead time guarantee adds a contractual assurance that the delivery will occur within a specified time frame; if the promise is not met, there may be contractual consequences or penalties. The guarantee concerns the timeliness of delivery, not insurance or liability for damages.
Related Terms
You might also be interested in these terms
⚖️ ICC Incoterms 2020
Incoterms 2020 Simulator: Who bears costs & risk?
Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.