Purchase Orders And Payment Terms

INTRODUCTION

A purchase order is an official and binding document issued to a vendor authorizing the expenditure of funds for goods and services. A purchase order creates an "encumbrance" or "lien" dedicating funds at the time the purchase order is originated by the purchasing department. By using a purchase order, everyone involved in the purchase process can track the order by referring to the unique purchase order number as a standard reference.

Please direct purchase order questions to +1-310-448-8212, or send a message using the MOSIS Support System.

WHERE TO SEND YOUR PURCHASE ORDER

MOSIS must receive a signed copy of a purchase order before any order can be accepted and processed. Purchase orders should be issued to "University of Southern California" and can be sent by mail, fax, or e-mail.

BY MAIL:

BY FAX:

BY E-MAIL:

BLANKET PURCHASE ORDERS

If you plan to fabricate a series of projects over time, you may wish to set up a blanket purchase order that will authorize you to spend up to a specified dollar amount during a specified period of time. This will save time by eliminating the requirement for you to request a separate purchase order for each project to be fabricated. MOSIS will only invoice you for projects ordered and shipped.

Blanket purchase orders don't need to include any specific information about future orders, and they can be set up for any dollar amount you wish (typically the blanket PO will say "not to exceed" a specified dollar amount).

If you set up a blanket purchase order, and never place any actual orders, you will never receive an invoice from MOSIS, and the purchase order will expire with no charges placed against it. MOSIS will only charge you for items you order and receive.

SHIPPING

Orders will be shipped to the exact address listed on the purchase order. Domestic commerical orders normally ship FedEx overnight, MEP via 2-day service, and export shipments are sent "International Priority."

All prices include shipping costs. You only need to include a line item for shipping if you wish to pay an extra charge to expedite shipping.

SALES TAX

As required by state law, MOSIS collects sales tax from our customers for orders shipped within the state of California. However, no taxes will be collected if a customer is a reseller and provides MOSIS with a valid California Resale Permit.

MOSIS is required by state law to collect sales tax from companies incorporated elsewhere when their projects are delivered to an address in California, held for pick up at a California address, drop shipped to an address in California, or held as "will call" at MOSIS.

PAYMENT TERMS

Terms and conditions for all orders are defined in the MOSIS Customer Agreement.

All purchase orders for projects on MOSIS scheduled fabrication runs will be invoiced for a data preparation processing fee and phototooling charges for IC fabrication when MOSIS sends customer design data to the mask vendor (tapeout). The balance will be invoiced when fabricated parts are shipped to the customer. Terms are net 30 days from the invoice date. First payment must be received before MOSIS can ship the parts.

All purchase orders will be invoiced as follows:

Projects on MOSIS fabrication runs:

• 80% at the time the run closes (MOSIS tapeout)
• 20% when the parts are shipped to the customer

All wafer respins with mask spins;

• All non-wafer charges at the time the run closes (MOSIS tapeout)
• Wafer charges when the parts are shipped to the customer

All wafer-only respins, production transfers, and inventoried parts (die, wafers, packages);

• 100% when the parts are shipped to the customer

Projects will not be shipped to customers until past due invoices have been paid, and access to vendor documentation bound under the MOSIS customer agreement will be blocked until the account is in good standing.

In order to cover the cost of carrying unpaid balances, a 10 percent penalty will be assessed on all invoiced items for which payment has not been received after 45 days from the invoice date.

Dedicated runs will be invoiced for the full mask cost at the time fabrication begins. Accounts delinquent at the time wafers are delivered to MOSIS will not receive the wafers until payment for masks is received. Wafer costs will be invoiced at the time the wafers are shipped. Standard terms are net 30.

EDUCATIONAL AND GOVERNMENT DISCOUNTS

If you are an educational institution or a government agency, you are eligible for special discounted prices.

IBM DOMESTIC CUSTOMERS

Each IBM domestic customer must complete the appropriate sections of the ECCN Questionnaire and submit it online. MOSIS does not require a hard copy of the completed form.

DESIGNS SUBJECT TO INTERNATIONAL TRAFFIC IN ARMS REGULATIONS (ITAR)

Purchase orders for designs subject to ITAR must also include ITAR specific information.

EXPORT CUSTOMERS

1. Paperwork Required for Export Orders

2. Payment Terms for Export Customers

3. International Wire Transfer Instructions

Duties and taxes to be billed to customer by shipper.

Shipper and shipper's account number must appear on purchase order. Customer's FedEx account number is preferred.

If other shipper is preferred by customer, this information must appear on the purchase order.

DOMESTIC WIRE TRANSFER (EFT)

Send domestic wire transfer to:

ABA RT (Bank Routing #):	0260-0959-3
BANK:	Bank of America 100 West 33rd Street New York, NY 10001
ACCOUNT NUMBER:	14590-39295
ACCOUNT NAME:	USC ISI-MOSIS REVENUE ACCOUNT
REFERENCE:	Provide the MOSIS invoice number(s) you are paying.

EXPEDITING YOUR ORDER

If you wish to pay additional money to expedite your order, there are two possibilities:

A. Paying extra for overnight delivery:

B. Paying extra to expedite wafer fabrication:

Related Resources

Fabrication Processes

Customer Support

Products

Prices/Quotes