The Contract For Supply Of Goods Template is designed for use in England and Wales when establishing a formal agreement for the supply of goods between businesses. This document is essential for companies engaged in the purchase and sale of physical goods, providing clear terms on delivery, quality standards, warranties, and payment conditions. It incorporates requirements from key legislation including the Sale of Goods Act 1979 and the Supply of Goods and Services Act 1982, offering protection for both suppliers and purchasers while ensuring legal compliance.
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1. Parties: Identification and details of supplier and purchaser
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Supply of Goods: Core obligations regarding delivery, quantity, and quality
5. Price and Payment: Payment terms, method, and timing
6. Delivery: Delivery terms, timing, and location
7. Title and Risk: Transfer of ownership and risk in goods
8. Warranties and Quality: Quality standards and guarantees
9. Term and Termination: Duration and termination provisions
1. Intellectual Property: IP rights provisions, used when supplied goods involve intellectual property rights
2. Insurance: Insurance requirements for high-value goods or where specific risks need coverage
3. Export Controls: Export compliance provisions for international supply arrangements
4. Force Majeure: Provisions for unforeseen circumstances when supply chain disruption risks are significant
1. Schedule 1 - Goods Specification: Detailed technical specifications of goods
2. Schedule 2 - Pricing Schedule: Detailed pricing structure and terms
3. Schedule 3 - Delivery Schedule: Delivery timelines and locations
4. Schedule 4 - Quality Standards: Specific quality requirements and standards
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