Material purchase contract template

Material purchase contract templateIt is a legal document signed by the supplier and the sub-supplier after negotiation and agreement between the two parties. Both parties to the contract should abide by and perform it, and it is the common language basis for contact between the two parties. The free version of the material procurement 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 material procurement contract template download, please pay attention to Huajun Software Park.

Material purchase contract template content

1. Within xx days after the contract is signed, an advance payment of xx% of the total contract price shall be paid

​ ​ 2. When each batch of goods arrives at the site and passes inspection and acceptance, xx% of the price of the current batch of goods will be paid.

3. After all the goods are installed and the project is completed and accepted, the cumulative payment will not exceed xx% of the total contract price.

4. After settlement is completed, xx% of the settlement price will be paid

5. When the warranty period expires, the balance must be paid in accordance with the contract.

Material Procurement Contract Template Things to Note

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, you should 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, you must specify 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.

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The material procurement contract template is a free template. You can download the source file for you to edit, modify and replace. Huajun Software Park also providesResidential rental contract template,Rental agreement templatedownload.