The Contract Agreement Between Supplier And Purchaser is a crucial document in Philippine commercial law that formalizes business relationships between providers and buyers of goods or services. This agreement type is essential for businesses operating in the Philippines, requiring careful consideration of local legal requirements, including the Civil Code of the Philippines, Consumer Act, and relevant commercial regulations. It's particularly important for establishing clear terms of trade, payment conditions, quality standards, and dispute resolution mechanisms. The document should be drafted to ensure enforceability under Philippine jurisdiction while protecting both parties' interests and maintaining compliance with local business practices and regulatory requirements. It's commonly used in both ongoing supply relationships and single-transaction arrangements, providing a robust framework for commercial dealings.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification and details of the Supplier and Purchaser, including registered addresses and company registration numbers
2. Background: Context of the agreement and brief description of the business relationship
3. Definitions: Definitions of key terms used throughout the agreement
4. Scope of Supply: Detailed description of products/services to be supplied
5. Pricing and Payment Terms: Pricing structure, payment schedules, invoicing requirements, and payment methods
6. Delivery Terms: Delivery schedules, locations, and logistics arrangements
7. Quality Requirements: Quality standards, specifications, and inspection procedures
8. Warranties and Representations: Warranties provided by the supplier and representations made by both parties
9. Term and Termination: Duration of the agreement and conditions for termination
10. Confidentiality: Protection of confidential information and trade secrets
11. Liability and Indemnification: Limitations of liability and indemnification obligations
12. Force Majeure: Provisions for unforeseen circumstances and their handling
13. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and governing law
14. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
15. Execution: Signature blocks and execution formalities
1. Intellectual Property Rights: Required when the supply involves licensed products, software, or proprietary technology
2. Insurance Requirements: Needed when specific insurance coverage is required from either party
3. Performance Bonds: Used when security for performance is required, especially in high-value contracts
4. Environmental Compliance: Required when the supply involves environmental considerations or hazardous materials
5. Import/Export Compliance: Necessary for international supply arrangements
6. Anti-Corruption Compliance: Important for high-value contracts or government-related supply
7. Change Management: Required for long-term contracts where changes in specifications or scope are likely
8. Service Level Agreement: Needed when the supply includes services with specific performance metrics
1. Schedule A - Product Specifications: Detailed technical specifications of products or services
2. Schedule B - Pricing Schedule: Detailed pricing information, including any volume discounts or price adjustment mechanisms
3. Schedule C - Delivery Schedule: Detailed delivery timeframes and locations
4. Schedule D - Quality Standards: Specific quality requirements, testing procedures, and acceptance criteria
5. Schedule E - Key Personnel: List of key contacts and responsible personnel from both parties
6. Schedule F - Service Level Requirements: Detailed service levels and performance metrics
7. Appendix 1 - Form of Purchase Order: Standard format for purchase orders to be used
8. Appendix 2 - Compliance Certificates: Required regulatory or quality certifications
Find the exact document you need
Contract Agreement Between Supplier And Purchaser
A Philippine law-governed agreement establishing terms and conditions between supplier and purchaser for commercial transactions.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)