Document background
The Purchase And Supply Agreement is a fundamental commercial contract used to establish and govern the ongoing relationship between suppliers and purchasers of goods or services in Ireland. This document is essential when parties intend to enter into a continuing supply arrangement rather than a one-off purchase, typically used for regular or bulk purchases where detailed terms need to be agreed upon upfront. The agreement comprehensively addresses all aspects of the supply relationship, including ordering mechanisms, delivery requirements, quality standards, warranties, price arrangements, and payment terms. It ensures compliance with Irish law, particularly the Sale of Goods and Supply of Services Act 1980, while providing clarity and certainty for both parties regarding their rights and obligations. The document is structured to protect both parties' interests and minimize potential disputes by clearly defining responsibilities and risk allocation.
