Dictionary of Procurement Terms

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Search Results: 1-5 of 5 results for “Free on Board (F.O.B.) Origin”

  • Free on Board (F.O.B.) Origin

    Title changes hands from the supplier to the public entity at the origin of the shipment. In this scenario, the public entity owns the goods in transit, assumes responsibility for carrier selection, and files any claims for damages incurred during this period. It does not address the responsibility for the cost of transportation (freight charges), which must be specified with the inclusion of additional language.

  • Free on Board (F.O.B.) Origin, Freight Collect

    Title passes at origin, and the Buyer pays the freight.

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

    Title passes at origin, and seller pays the freight and then collects the charges from the purchaser by adding them to the invoice.

  • Free on Board (F.O.B.) Origin, Freight Prepaid and Allowed

    Title to the goods passes from the supplier to the agency at Point of Origin and supplier pays and bears the freight expense. Agency owns goods in transit and files claims, if any.

  • Free on Board (F.O.B.) Origin, Freight Prepaid and Charged Back

    Title passes at origin, seller pays the freight and adds it on to the seller’s invoice.