Free on Board Origin

From Knowledge base

Free on Board (Origin)[1]

F.o.b. origin” means free on board at origin; i.e., the seller or consignor places the goods on the conveyance. Unless the contract provides otherwise, the buyer or consignee is responsible for the cost of shipping and risk of loss.[2]

References

  1. ↑ FAR 2.1
  2. ↑ This term is defined in contract 52.247-29(a).

Links and Related Pages

[[Category: FAR 2.1 - Definitions]

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