Document background
The Goods Supply Agreement is a fundamental commercial contract used when establishing a formal supply relationship between parties. Under Singapore law, this agreement type is particularly important as it provides certainty and structure to supply arrangements while incorporating key provisions of the Sale of Goods Act and related legislation. It's typically used for ongoing supply relationships rather than one-off purchases, and includes detailed terms on quality standards, delivery requirements, pricing mechanisms, and risk allocation. The agreement is essential for businesses wanting to establish clear rights and obligations in their supply chain relationships within Singapore's legal framework.
