TRADE COMPLIANCE
These are the fees determined by HTS classification at the time of import.
What are Duties?
Kiewit preferred incoterm for domestic critical shipments.
What is FCA-Supplier’s Facility?
Section 35
What section are shipping requirements in the MC template?
This is the Trade Compliance Manager and the team's email for TC related questions.
Who is Avera Basham?
TradeCompliance@kiewit.com
$5,000 minimum per penalty.
What is a late ISF Filing?
This incoterm offers the least visibility and limits Kiewit's opportunity to provide any transportation savings.
Why Kiewit should not use DDP Jobsite?
This individual and his team can assist with resolving most VAT/Federal/State-related issues.
Who is Al Mooney?
EXW and all C-Terms.
What INCOTERMS NOT to use?
TRUE OR FALSE: ISF needs to be filed 24 hours after the vessel sails.
FALSE - ISF needs to be filed 24 hours BEFORE the goods load in the Port of Export.
Benefits are:
1) Opportunity on Transportation Savings for Kiewit
2) Visibility on the cargo
3) A clear DOR.
What are the benefits of utilizing terms FCA or FOB?
TRUE OR FALSE: KSN Logistics will NOT provide specific shipping and handling instructions for FOB/DDP term MCs.
FALSE
TRUE OR FALSE: Incoterms are NOT the same as the UCC (Uniform Commercial Code) Shipping Terms.
TRUE
The term DAP Jobsite presents the most risk in this category.
Which INCOTERMS place Kiewit at the most risk from a Trade Compliance standpoint?
The supplier delivers to the jobsite but is not responsible for customs formalities.
What is DAP Jobsite?
It is a common misconception that the Incoterms are used to define this.
What is Transfer of Title?
Mention ONE FIOR requirement.
Foreign Importer of Record (FIOR):
1. Foreign entity or individual responsible for payment of duties and accuracy of the customs declaration
2. Must have a customs bond
3. Must obtain a Customs Assigned Importer Number
4. Must have a U.S. Consignee.
The 10-digit code derived from the material, function and overall characteristic of an imported article.
What is HTS Classification Code?
If Kiewit accepts FOB-Port of Export, this mode of transportation would present Kiewit with the greatest opportunity to save on freight costs.
What is Ocean Freight?
Incoterms define BOTH a term and a place, but most critically this.
What is risk transfer?
1. Commercial INCOTERMS 2020
2. Preliminary quantity, Dims, and Weights
3. Country of Origin
4. Preliminary Drawings
5. HS Code - Value - Quantity
6. Seller Name and Address (Complete)
What data items KSN Logistics and Trade Compliance need to put together an estimate for any type of equipment?