Document background
The Raw Material Supply Agreement is a fundamental commercial contract used to establish and govern the relationship between suppliers and purchasers of raw materials in Canada. This document is essential when businesses require a formal, long-term arrangement for the consistent supply of raw materials critical to their operations. It addresses key aspects including supply obligations, quality requirements, pricing mechanisms, delivery terms, and risk allocation, while ensuring compliance with Canadian federal and provincial regulations. The agreement is particularly important for manufacturing, industrial, and processing businesses that rely on regular raw material supplies, and typically includes detailed specifications, compliance requirements, and commercial terms that protect both parties' interests. This document type is designed to provide a comprehensive framework for managing the supply relationship while maintaining flexibility for operational requirements.
