Document background
The Raw Material Supply Agreement is a critical document used to establish and govern the commercial relationship between suppliers and purchasers of raw materials in South Africa. This agreement is essential for businesses that require a steady and reliable supply of raw materials for their operations, particularly in manufacturing, mining, and industrial sectors. It encompasses all necessary elements required under South African law, including B-BBEE compliance, environmental regulations, and safety standards. The document is structured to address key commercial terms, quality requirements, delivery specifications, pricing mechanisms, and risk allocation while ensuring compliance with local regulations. It's particularly important for businesses operating in South Africa's complex regulatory environment, where considerations such as local content requirements and industry-specific regulations must be carefully addressed.
