After signing the contract, during the execution of this contract, the buyer or the seller (relatively preferred less) engages an independent third-party company repeated the line against the seller of the contract of tracking and evaluation to ensure that the contract is valid, qualified to perform, thereby reduce risk.
The process
Buyers and sellers sign contract - the buyers or sellers hire third-party inspection - a third party inspection in accordance with the contract, standards, regulations, and other requirements- third party inspection report - buyers and sellers make requirements of the contract adjustment – third party tracking verification - report released after compliance.
From the initial pure product testing development to nowadays, the third party inspection has participate in the whole process of execution of the contract, such as feasibility analysis, risk assessment, contract evaluation, design review, process quality control, etc.
When can we use the TPI?
For example, company A needs to buy a high pressure reactor from company B. Because the equipment has high criticality and cost, in order to make sure the equipment provided by B is qualified, A can hire a third party inspection company to represent them to supervise the whole contract execution. Third party work may include: raw material audit, the audit of the welding process, welding engineering supervision, dimensional inspection, pressure test witness, visual inspection, file audits, etc.
Currently, there are tens of thousands third party inspection companies. The well known third party inspection companies with long history are:
China Classification Society (CCS)
China Certification & Inspection Group (CCIC inspection)
American Bureau of Shipping (ABS)
Societe Generale de Surveillance S.A. (SGS)
Technischen Uberwachungs-Vereine (TUV)
Bureau Veritas (BV)
DET Norske Veritas (DNV)
Germanischer Lloyd (GL)
Korean Register of Shipping (KR)
Lloyds Register of Shipping (LR)
Registo Italiano NavadeRINA, Italy
Nippon Kaiji Kyokai (NK)
Russian Maritime Register of Shipping (RS)
Moody
www.ccic-shenzhen.com China Certification & Inspection Group (CCIC) is an independent third party certification and inspection organization dedicated to providing inspection, verification, certification and testing services, with accreditation by General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China(AQSIQ), Certification and Accreditation Administration of the People's Republic of China(CNCA) and China National Accreditation Service for Conformity Assessment(CNAS).
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