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Procurement Contract

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Procurement Contract

Procurement Contract

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Under 10 minutes
Under 10 minutes
Last updated December 2018
Last updated July 10, 2020
Suitable for all Australian states and territories
Suitable for all Australian states and territories

A Procurement Contract is a document that outlines an agreement between a business and a supplier for the purchase of commercial goods and services.

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Document Overview

While procurement contracts are usually for the supply of these goods and services over a period of time, this document may be used for both long-term and one-time procurement purchases. This document may be used by either purchasers or suppliers of commercial goods and services.

Use this Share Purchase Agreement if:

  • You are a business who will either purchase or supply commercial goods and services
  • You wish to ensure that the terms of delivery and performance of services are clear
  • You wish to ensure that yours and your supplier’s intellectual property is protected
  • Payment terms and processing are clear

What does this document cover:

  • Terms of purchase of goods and/or services
  • Intellectual property, confidentiality rights of each party
  • Contract price, payment terms, and payment process for the contract

For more information:

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