Dictionary of Procurement Terms

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Search Results: 1-1 of 1 result for “Free on Board (F.O.B.) Destination, Freight Prepaid and Added”

  • Free on Board (F.O.B.) Destination, Freight Prepaid and Added

    Title to the goods passes from the supplier to the agency at the point of destination and supplier pays the freight expense and then adds the freight expense to the agency's invoice. Supplier owns goods in transit and files claims, if any.