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:
We know legal matters can be stressful, but we’re always here to help.
No fee surprises. With monthly itemised billing and a range of fee options from fixed fees to deferred fee arrangements, we’ll help you keep costs down.
No chat bots or lengthy phone menus. Speak directly to a member of our team every time you contact us.
We’ll reply to any questions you have within 24 business hours so you’ll have the information you need to make the right decisions.
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