When there is a need to engage another supplier to
supplement your resources in a certain supply Contract and
to accomplish the same within a stipulated period, this
document is of great help to settle terms, both commercial as
well as legal.
About this document
Outsourcing is almost a necessity when handling a large project or when there is a need to engage another specialist to supplement your resources in a certain Contract work and to accomplish the same within a stipulated period when your own business is lacking in resources. This document template comes handy to define the relationship with a supplier, terms and conditions for its continuance and thus objectively satisfies the purpose and reasons, for the parties concerned.
This document can be used by a Company arranging terms with a supplier in India or abroad to supplement its obligations in a supply contract such as to furnish labor, materials, supplies, goods, tools, services, facilities, supervision, and/or administration necessary for the proper and complete performance on "the Prime Contract" assigned to the Company.
This can also be used by a Supplier capable of providing such and similar services to the Company, who has bagged the prime contract with the Principal.
Application
and features
suitable for goods supplies projects and adaptable for services
suitable for foreign/domestic market
ready for adaptation to particular needs of either or both parties
comprehensive provisions provide ideas
real law in simple English
Contents
Supplier’s work responsibilities and obligations defined
Supplier’s prices and payment terms
Duration and termination
Force majeure
Indemnification
Appropriate legal provisions - warranties, exclusions, indemnities, etc.
Miscellaneous provisions and restrictive covenants
Word
Count (approximate):
Document: 1395
words
Explanatory notes:
546
words
Draftsman
This document has been drawn by Rakesh Taneja, unconnected with Net Lawman. Rakesh Taneja will welcome your contact for further legal help. There may be a charge for Rakesh Taneja services.