Document background
The Supply Contract Agreement is a fundamental commercial document used to establish and govern the ongoing supply relationship between a supplier and buyer in Canada. This agreement is essential when parties intend to enter into a regular supply arrangement rather than one-off purchases, typically involving repeated orders of goods or materials over an extended period. The document comprehensively addresses all aspects of the supply relationship, including product specifications, ordering mechanisms, delivery terms, pricing structures, quality requirements, and risk allocation. It ensures compliance with Canadian federal and provincial legislation while providing clear frameworks for performance, dispute resolution, and relationship management. The agreement is particularly crucial for businesses requiring consistent supply of materials or products for their operations, and can be customized to accommodate specific industry requirements, regulatory compliance needs, and commercial terms agreed between the parties.
