Document background
The Long Term Supply Contract is essential for businesses seeking to establish stable, ongoing supply relationships under Swiss law. It is particularly suited for situations requiring regular supply of goods or services over an extended period, typically one year or more. The document addresses critical aspects such as supply obligations, forecasting, pricing mechanisms, quality standards, and risk allocation. It incorporates requirements from Swiss contract law, particularly the Code of Obligations, while providing flexibility for commercial terms. This type of agreement is commonly used in manufacturing, industrial production, and various other sectors where consistent supply arrangements are crucial. The contract can be customized to include various optional elements depending on the nature of goods or services, such as minimum purchase commitments, exclusivity arrangements, or specific quality control procedures.
