Document background
A Framework Supply Agreement is essential for businesses requiring regular supply of goods or services over an extended period. This document, governed by U.S. law including the UCC, provides a master agreement structure under which individual orders can be placed without negotiating terms each time. It typically includes provisions for ordering processes, pricing mechanisms, quality standards, delivery requirements, and risk allocation. The agreement is particularly valuable for businesses seeking to establish long-term supply relationships while maintaining flexibility in order quantities and timing.
