Document background
The Purchase Order Agreement is a fundamental commercial document used when organizations need to establish a structured framework for recurring purchases. Under Singapore law, this agreement sets out the master terms that will govern all subsequent purchase orders, including pricing mechanisms, quality standards, delivery requirements, and payment terms. It's particularly important for businesses seeking to standardize their procurement processes while ensuring compliance with Singapore's commercial laws, including the Sale of Goods Act and Electronic Transactions Act. The agreement typically supports both one-time purchases and ongoing supply arrangements.
