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what do purchase contracts typically include?

Purchase Agreements Purchase Contracts Purchasing Purchase Management
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Question added by Abdullah Mahhaden, CFA, CPA , Assurance Manager , Grant Thornton
Date Posted: 2013/06/15
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Ahmad Ataya
by Ahmad Ataya , Purchasing Manager and Materials Control , Drake and Scull International

General Supply contract for Major Item shall be include :

1-Scope of Work

2-Insurance

3-Guarantee

3-Inspection and Testing

4- Price , Qty , Payment Terms

5-Supplier defult

6-Delay

7-Contract Termination

8-Variation

9-Schudel programs

 

Mohamed Yousuf
by Mohamed Yousuf , Purchase Manager , Majan Printing & Packaging Company LLC

Material Description / Prices & Validity / Target Quantity / Annual Rebate Structurre/ Duration of Contract.

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