If you are negotiating a commercial agreement, it is important that your contract includes key terms and conditions to ensure that:
+ the supplier’s product or service meets your needs;
+ you have clear rights and consequences for a supplier should an issue arise; and
+ the risk of underperformance is reduced.
To help you ascertain if a supplier’s contract will meet your business’ needs, LegalVision has developed a free Supplier Contracts Checklist, including:
Part I - Commercial Considerations:
+ Goods and/or Services
+ Price
+ Service Levels
+ Milestones
+ Warranty
+ Term and Termination.
Part II - Legal Considerations:
+ Indemnities
+ Modern Slavery
+ Data and Privacy
+ Intellectual Property
+ Liability.
Download the checklist today to ensure the commercial and legal terms in the contract will best meet your requirements.
If you need assistance with your supplier contracts, LegalVision’s experienced commercial lawyers can help. Call 0808 196 8584 or complete the form on this page.