Define: Standing Offer

Standing Offer means an agreed readiness by a contractor to provide [services] as authorized, without a requirement for a specific [number] of orders.

Standing Offer means an agreed readiness by a contractor to provide [services] as authorized, without a requirement for a specific [number] of orders.

Relevant Circumstances

  • Variations in demand for services
  • Need for flexibility in ordering services
  • Establishment of ongoing business relationships

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