FCA (Free Carrier)

The Free Carrier (FCA) terms in procurement refer to the contractual agreement between a buyer and seller, which stipulates the point at which ownership of the goods transfers from the seller to the buyer. According to this agreement, the seller must arrange for the goods to be delivered and made available to the buyer at an agreed-upon location, and is responsible for the cost of delivering the goods up until that point. Furthermore, the risk of loss or damage during transit also rests with the seller until the goods are accepted by the buyer.