The Framework Supply Agreement is designed for businesses requiring a structured approach to regular supply arrangements under Singapore law. It sets out the overarching terms governing multiple transactions over time, typically including ordering procedures, pricing mechanisms, quality standards, and delivery requirements. This type of agreement is particularly useful when parties anticipate an ongoing commercial relationship with multiple orders rather than a one-off transaction. The agreement provides certainty while maintaining flexibility, allowing parties to execute individual orders without repeated contract negotiations.
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1. Parties: Identification and details of contracting parties
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used tHRoughout the agreement
4. Supply Obligations: Core obligations regarding supply of goods
5. Ordering Process: Procedures for placing and accepting orders
6. Pricing and Payment: Price setting, payment terms, and invoicing
7. Delivery: Delivery terms, timing, and logistics
8. Quality and Warranties: Quality standards and warranty provisions
9. Term and Termination: Duration and termination provisions
10. Governing Law: Confirmation of Singapore law as governing law
1. Minimum Purchase Commitments: Used when buyer commits to minimum volumes. Include for exclusive or strategic supply relationships
2. Forecasting: Requirements for demand forecasting. Include for complex supply chains or long lead times
3. Performance Metrics: KPIs and service levels. Include for critical supply relationships
4. Data Protection: PDPA compliance provisions. Include when personal data is processed
1. Products Schedule: List of products, specifications, and prices
2. Service Levels: Detailed performance metrics and measurements
3. Order Form Template: Standard form for placing orders
4. Quality Standards: Detailed quality requirements and specifications
5. Delivery Locations: List of approved delivery points
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