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Long Term Supplier Agreement Template for Australia

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Key Requirements PROMPT example:

Long Term Supplier Agreement

"I need a Long Term Supplier Agreement for IT infrastructure services, including cloud hosting and maintenance, with specific provisions for data security, service levels, and disaster recovery, planned to commence from March 2025."

Document background
This Long Term Supplier Agreement template is designed for use in establishing strategic supply relationships under Australian law where parties anticipate an ongoing commercial relationship requiring detailed governance and operational frameworks. It is particularly suitable for arrangements involving regular or continuous supply of goods or services, significant commercial value, or critical business operations. The agreement incorporates key requirements under Australian legislation including the Competition and Consumer Act 2010, various state-based security of payment acts, and industry-specific regulations. It provides comprehensive coverage of commercial, operational, and risk management aspects while maintaining flexibility for relationship evolution. The document structure supports both straightforward supply arrangements and complex service delivery models, with optional provisions and schedules that can be adapted based on specific requirements.
Suggested Sections

1. Parties: Identification and details of the supplier and customer entities

2. Background: Context of the agreement and relationship between the parties

3. Definitions and Interpretation: Defined terms and rules for interpreting the agreement

4. Term and Renewal: Duration of the agreement and renewal mechanisms

5. Supply Obligations: Core obligations of the supplier regarding goods/services provision

6. Ordering Process: Procedures for placing and accepting orders

7. Quality and Standards: Required quality standards and compliance requirements

8. Pricing and Payment: Price structure, payment terms, and invoicing requirements

9. Delivery and Acceptance: Terms for delivery, inspection, and acceptance of goods/services

10. Title and Risk: Transfer of ownership and risk in goods

11. Warranties: Supplier warranties regarding goods/services and general warranties

12. Performance Management: KPIs, reporting requirements, and performance review process

13. Insurance and Liability: Insurance requirements and liability limitations

14. Intellectual Property: IP ownership, licenses, and protection

15. Confidentiality: Protection of confidential information

16. Termination: Termination rights and processes

17. Force Majeure: Rights and obligations during force majeure events

18. Dispute Resolution: Process for resolving disputes

19. General Provisions: Standard boilerplate clauses including governing law, notices, etc.

Optional Sections

1. Business Continuity: Required for critical supply relationships or regulated industries

2. Data Protection: Required when personal or sensitive data is handled

3. Environmental Compliance: Required for environmentally sensitive goods/services

4. Modern Slavery Compliance: Required for large contracts or high-risk industries

5. Security Requirements: Required for IT services or sensitive operations

6. Site Access and Safety: Required when services are performed at customer premises

7. Change Control: Required for complex or technology-dependent services

8. Transition and Exit: Required for complex services requiring handover

9. Parent Company Guarantee: Required when supplier financial strength is concern

10. Anti-Bribery and Corruption: Required for international trade or high-risk jurisdictions

Suggested Schedules

1. Schedule 1 - Goods and Services Specification: Detailed description of goods/services to be supplied

2. Schedule 2 - Pricing Schedule: Detailed pricing, including any volume discounts or pricing mechanisms

3. Schedule 3 - Service Levels and KPIs: Detailed performance metrics and measurement methodology

4. Schedule 4 - Governance and Reporting: Detailed governance structure and reporting requirements

5. Schedule 5 - Form of Order: Template for placing orders under the agreement

6. Schedule 6 - Key Personnel: List of key supplier personnel and roles

7. Schedule 7 - Approved Subcontractors: List of pre-approved subcontractors if applicable

8. Schedule 8 - Business Continuity Plan: Detailed business continuity and disaster recovery procedures

9. Schedule 9 - Transition Plan: Implementation or transition-in plan

10. Schedule 10 - Exit Plan: Transition-out or termination assistance procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




















































Clauses








































Relevant Industries

Manufacturing

Technology

Retail

Mining and Resources

Healthcare

Construction

Transportation and Logistics

Food and Beverage

Agriculture

Professional Services

Telecommunications

Energy and Utilities

Defence

Pharmaceutical

Relevant Teams

Procurement

Legal

Operations

Supply Chain

Finance

Risk and Compliance

Quality Assurance

Commercial

Logistics

Business Development

Internal Audit

Project Management Office

Relevant Roles

Chief Procurement Officer

Procurement Manager

Supply Chain Manager

Commercial Manager

Contract Manager

Legal Counsel

Operations Manager

Risk Manager

Category Manager

Vendor Manager

Business Unit Director

Chief Financial Officer

Quality Assurance Manager

Compliance Officer

Project Manager

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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