PortzApp logo
PortzApp Platform

Buyer

A PortzApp organization using the platform to find providers, issue requests, review quotations and manage jobs. Within PortzApp, the term describes part of the platform’s account, directory, request, job or collaboration workflow.

What the term means

  • Buyer names a role in a transaction, not a type of company.
  • The buyer is the side that states a need and accepts a quote against it.
  • The buyer is the side that states a need and accepts a quote against it.
  • Any organization can act as a buyer, including providers buying work they subcontract.

Buyer is a term used in maritime business and operations.
A PortzApp organization using the platform to find providers, issue requests, review quotations and manage jobs.
Within PortzApp, the term describes part of the platform’s account, directory, request, job or collaboration workflow. The exact meaning may vary with the contract, jurisdiction, port practice or workflow in which it is used.

What makes an organization the buyer

On a given deal
The buyer is
Who needs the work
The organization with the requirement, whether for its own vessel or on behalf of another party.
Who defines it
The organization that publishes the request setting out what is needed, where, and when.
Who decides
The organization that compares the quotes and accepts one.
Who owes
The organization carrying the commercial obligation once a quote is accepted.
Buyers in PortzApp

The side that raises the request

In PortzApp the buyer is the organization that issues a request, compares the quotes that come back, and accepts one. Any verified organization can do this, including providers buying work they subcontract.

How requests and RFQs work
FAQ

FAQ

The most common questions we get about Buyer.

What does Buyer mean?
A PortzApp organization using the platform to find providers, issue requests, review quotations and manage jobs.
What is the difference between a buyer and a service provider?
The buyer states a need and accepts a quote. The provider quotes against it and delivers.
Does a buyer need to be verified?
Yes. Verification is what allows an organization to publish a request.