Whether you’re a supplier or buyer, establish productive business relationships with a robust Supply of Goods Agreement.
Smooth commercial supply chains depend on watertight legal frameworks. Our solicitors develop supply of goods agreements that define quality standards, delivery expectations, and risk allocations, enabling efficient and secure business transactions.
FAQs
Supply of Goods Agreements are legally binding contracts that govern the commercial relationship between a supplier and buyer.
The agreement outlines the rights, responsibilities, and expectations of both parties and includes aspects such as pricing, payment methods, delivery timeframes, warranties, and dispute resolution procedures.
A Supply of Goods Agreement can come from the supplier or buyer side, depending on the context.
Supply of Goods Agreements are important because they:
Whilst templates for Supply of Goods Agreements are readily available, it’s important to exercise caution when using them.
An online template may be cost-efficient, but it is unlikely that it contains terms relevant to your circumstances, making it redundant if you do end up in a dispute. It may also not be up-to-date with industry standards or UK legislation.
Consulting with a commercial solicitor to draft or review your agreement will prevent potential issues down the line and ensure you’re protected in all eventualities. If you decide to use a template and then ask a solicitor to check it, they may need to rewrite it.
Firstly, you should check that your current agreement contains a section about variations and whether they’re permitted.
Whether you need a solicitor to review a variation request depends on the level of variation requested and how it will impact your business.
A solicitor can review the variation request, carry out an analysis with you and help with negotiations if needed. If the stakes are high, it’s advisable to seek assistance from a commercial solicitor as they can mitigate risks.
The key stages involved in drafting a Supply of Goods Agreement include:
Depending on your matter, a typical review of your Supply of Goods Agreement will involve:
If you need A supply of Goods Agreement drafted or reviewed by a solicitor, we can help. Just give us a call on 0203 007 5500.
The time required to draft a Supply of Goods Agreement can vary significantly due to the many varying factors.
Your solicitor will give you a time estimate upon further discussions of your matter.
The cost of a draft or review depends on the complexity of the business relationship, the type of goods and services supplied, the length of the document, and the revisions required.
Once you have outlined your needs with our solicitors, we can provide a fee estimate.
To request a callback from our commercial solicitors, please call us on 0203 007 5500.
Call, email or provide us with a few details of your matter, and we’ll help you arrange an initial consultation. You’ll get:
No fee surprises. Ever. Our solicitors in London and Brighton will inform you from the outset how much your case will cost and we will do everything in our power to keep costs down and within your original fee estimate.
You are our priority and law is our speciality. Our award-winning solicitors in London and Brighton ensure you know exactly where you stand from a legal perspective so you can make a well-informed decision.
With fortnightly updates on your case, you’ll never be left in the dark. Our solicitors in London and Brighton ensure you know exactly how your case is progressing and are with you every step of the way.
With 801,000 new businesses launching in the UK between 2022-23, setting up for success is more important than…
Previously, you had to cite one of five grounds to file for a divorce. Unreasonable behaviour was one of these grounds. In this article,…
In the dynamic world of startup financing, venture capital (VC) stands out as a powerful catalyst for growth and innovation. With some of the most…
The Companies Act 2006 forms the backbone of company law in the UK. It outlines how to create, manage, and dissolve businesses, making it essential…
Homeowners have felt the sting of rising living costs, skyrocketing mortgage rates, and, more recently, ‘fleecehold’ property management fees. With these fees often charged to…
On 30 October 2024, Chancellor of the Exchequer Rachel Reeves published the first Labour party budget in 14 years. This budget will create important changes…
As a construction professional, you’ve likely faced the frustrating situation of a customer not paying their invoice. This common issue can severely impact your cash…
As a legal professional specialising in construction work, I hear all kinds of stories and resolve disputes ranging from unpaid bills to negligence. Through these…
Police data shows that in 2022/23 there was a 25% increase in indecent image offences. Alongside this, we’ve also seen a rise in public awareness…
As a contractor, you know that construction projects are no walk in the park. Every step can be a minefield of potential issues, from coordinating…
What we do
Our untimed initial consultations provide you with as long as you need to speak to a specialist solicitor about your matter.
