Food purchase contract template

Food purchase contract templateIt refers to a contract template specially created for food procurement. The food purchase contract template is an economic contract, and both parties are protected and held responsible by the "Economic Contract Law". The free version of the food purchase contract template is provided by Huajun Software Park for free download. The source file is in docx format, which is convenient for users to edit by themselves. For more information about food procurement contract template downloads, please pay attention to Huajun Software Park.

Food purchase contract template content

1. Review the basic situation of both purchasers and suppliers

Before the formal start of procurement negotiations, it is necessary to review the other party’s business license, understand its business scope, as well as the other party’s funds, credit, operating conditions, and whether its project is legal, etc. If there is a guarantor, the true identity of the guarantor should also be investigated. If the person signing the contract is a business person, pay attention to check the formal written authorization certificate issued by the legal person submitted by the other party to ensure the legality and validity of the contract. Particular attention should be paid to the separation of subsidiaries and parent companies in foreign-related business negotiations. If negotiating with subsidiaries, it is not only necessary to look at the credit status of the parent company, but also to investigate the credit status of the subsidiaries. Because the parent company is not jointly and severally liable for its subsidiaries.

2. Strictly review the main provisions of the procurement contract

When the negotiating parties reach an agreement on the main terms of the transaction, they enter the contract signing stage. The quantity, quality, payment, performance period, location, method, etc. involved in the negotiation must be strict and clear, otherwise it will cause immeasurable economic losses. Special attention should be paid to:

(1) The signed contract must clearly stipulate the standards of the goods.

When signing a contract, the names of the goods being purchased and sold must be accurate and standardized by both parties. The quality standards of the purchased products should be clearly stipulated in the contract to avoid disputes caused by the quality of the delivered goods not meeting the standards you want to purchase.

(2) The delivery location should be clear

When signing a contract, it is necessary to indicate the delivery location to ensure that the goods can be signed for in a timely manner to avoid losing the goods, especially when purchasing cross-border goods.

(3) The time for receiving goods should be clear

In order to prevent the purchased products from losing their original use value due to expiration and other reasons, the purchaser’s receipt time after the goods arrive at the delivery location should be clearly stipulated in the purchase contract.

Food Procurement Contract Template Things to Note

​​ 1. If the buyer refuses to accept the equipment or pay for the equipment without justifiable reasons, the buyer shall pay the seller a penalty of 5% of the total payment value.

​ 2. If the buyer pays for the equipment overdue, he or she shall pay 5% of the outstanding amount to the seller.

​ ​ 3. If the variety, model, and specifications of the equipment delivered by the seller do not comply with the contract, the buyer has the right to reject the equipment, and the seller shall pay a liquidated damages of 5% of the total purchase price.

​ 4. If the seller cannot deliver the equipment, it shall pay the buyer a liquidated damages of 5% of the total payment value.

5. If the seller delivers the equipment overdue, the seller shall pay the buyer 5% of the total payment for the overdue delivery. If delivery is overdue for more than ten days, the buyer has the right to terminate the contract.

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The food purchase contract template is a free template. You can download the source file for you to edit, modify and replace. Huajun Software Park also providesCommodity sales contract template,Software outsourcing contract templatedownload.