Document background
The Supply Framework Agreement is designed for situations where parties intend to establish a long-term supply relationship governed by Danish law. This document is particularly useful when organizations need a master agreement that sets out the general terms and conditions under which future supplies will be ordered and delivered, without committing to specific quantities upfront. It incorporates key Danish legal requirements and EU regulations, making it suitable for both domestic and international trade relationships involving Danish entities. The framework agreement typically includes provisions for ordering procedures, pricing mechanisms, quality standards, and risk allocation, while allowing flexibility for specific orders to be placed under its umbrella. It's especially valuable for businesses seeking to streamline their procurement processes while maintaining consistent terms across multiple transactions.
