All Countries
Procurement
Framework Purchase Agreement

Framework Purchase Agreement Template for Malaysia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Framework Purchase Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Framework Purchase Agreement

"I need a Framework Purchase Agreement for my manufacturing company to purchase electronic components from a Malaysian supplier, with quarterly minimum order commitments and strict quality control requirements, starting from January 2025."

Celebrated by
Collaborations with
Investors
Document background
The Framework Purchase Agreement is a crucial commercial document used when parties anticipate an ongoing supply relationship requiring multiple transactions over time. This type of agreement is particularly valuable in the Malaysian business context where companies seek to establish stable, long-term supply arrangements while maintaining flexibility in quantities and delivery schedules. It sets out the overarching terms and conditions that will govern all future purchase orders, including pricing mechanisms, quality standards, delivery requirements, and risk allocation. The agreement must comply with Malaysian law, including the Contracts Act 1950, Sale of Goods Act 1957, and other relevant commercial legislation. It's commonly used in various industries where regular procurement of goods or services is required, and it helps streamline the procurement process by eliminating the need to negotiate terms for each individual transaction.
Suggested Sections

1. Parties: Identification of the parties entering into the agreement, including full legal names and registration details

2. Background: Context of the agreement and commercial relationship between the parties

3. Definitions and Interpretation: Defined terms used throughout the agreement and rules of interpretation

4. Framework and Scope: Overall structure of the purchasing relationship and scope of goods/services covered

5. Purchase Order Process: Procedures for submitting, accepting, and fulfilling purchase orders

6. Pricing and Payment Terms: Price determination mechanisms, payment terms, invoicing requirements

7. Delivery and Acceptance: Terms for delivery, inspection, and acceptance of goods

8. Quality Requirements: Quality standards, specifications, and warranty provisions

9. Term and Termination: Duration of the agreement and termination rights

10. Obligations of the Supplier: Key responsibilities and commitments of the supplying party

11. Obligations of the Purchaser: Key responsibilities and commitments of the purchasing party

12. Risk and Title: Transfer of risk and ownership of goods

13. Liability and Indemnification: Allocation of risks and liability between parties

14. Force Majeure: Provisions for handling events beyond parties' reasonable control

15. Confidentiality: Protection of confidential information exchanged under the agreement

16. Governing Law and Dispute Resolution: Applicable law and mechanisms for resolving disputes

17. General Provisions: Standard boilerplate clauses including notices, assignment, and entire agreement

Optional Sections

1. Intellectual Property Rights: Include when IP rights are relevant to the goods/services or when new IP might be created

2. Exclusivity: Include when supplier is granted exclusive rights or when purchaser commits to exclusive purchasing

3. Compliance with Laws: Detailed section needed when specific regulatory requirements apply to the goods/services

4. Insurance: Include when specific insurance requirements are necessary given the nature of goods/services

5. Performance Metrics: Include when specific KPIs or service levels need to be maintained

6. Business Continuity: Include for critical supply relationships requiring disaster recovery plans

7. Environmental Compliance: Include when environmental standards or sustainability requirements are important

8. Data Protection: Include when personal data processing is involved in the relationship

9. Anti-Corruption: Detailed section needed for high-value contracts or government-related purchasing

10. Change Control: Include when formal processes for changes to specifications or terms are needed

Suggested Schedules

1. Schedule 1 - Goods/Services Specification: Detailed technical specifications of goods or services covered

2. Schedule 2 - Pricing Schedule: Detailed pricing information, including any volume discounts or price adjustment mechanisms

3. Schedule 3 - Service Levels: Specific performance metrics and service level requirements

4. Schedule 4 - Purchase Order Template: Standard form for purchase orders under the agreement

5. Schedule 5 - Key Contacts: List of key personnel and contact details for both parties

6. Schedule 6 - Delivery Locations: Approved delivery locations and any specific delivery requirements

7. Schedule 7 - Quality Standards: Detailed quality requirements and testing procedures

8. Schedule 8 - Reporting Requirements: Templates and requirements for regular reporting

9. Appendix A - Insurance Requirements: Detailed insurance coverage requirements

10. Appendix B - Compliance Certificates: Required regulatory or quality certifications

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Clauses
Interpretation
Definitions
Framework Terms
Purchase Orders
Pricing
Payment Terms
Delivery
Title and Risk
Quality Assurance
Warranties
Return of Goods
Performance Standards
Ordering Process
Acceptance Testing
Supply Obligations
Purchase Obligations
Term
Termination
Force Majeure
Confidentiality
Intellectual Property
Data Protection
Liability
Indemnification
Insurance
Compliance with Laws
Anti-Corruption
Change Control
Assignment
Subcontracting
Notices
Dispute Resolution
Governing Law
Entire Agreement
Severability
Variation
Waiver
Third Party Rights
Relationship of Parties
Counterparts
Relevant Industries

Manufacturing

Retail

Technology

Automotive

Electronics

Healthcare

Pharmaceuticals

Food and Beverage

Construction

Energy

Telecommunications

Chemical

Industrial Equipment

Consumer Goods

Logistics and Supply Chain

Relevant Teams

Legal

Procurement

Supply Chain

Finance

Operations

Commercial

Risk and Compliance

Sourcing

Vendor Management

Contract Administration

Relevant Roles

Procurement Manager

Supply Chain Director

Commercial Director

Legal Counsel

Contract Manager

Chief Financial Officer

Operations Director

Purchasing Officer

Supply Chain Manager

Category Manager

Vendor Manager

Commercial Manager

Risk Manager

Compliance Officer

General Counsel

Industries
Contracts Act 1950: Principal legislation governing contract formation, validity, and enforcement in Malaysia. Covers essential elements like offer, acceptance, consideration, and contractual obligations.
Sale of Goods Act 1957: Regulates the sale of goods, including conditions and warranties, transfer of property, and rights and duties of buyers and sellers.
Electronic Commerce Act 2006: Governs electronic transactions and digital signatures, important for modern commercial contracts that may be executed electronically.
Competition Act 2010: Ensures the agreement doesn't contain anti-competitive provisions or abuse of dominant market position.
Stamp Act 1949: Requires certain contracts to be stamped to be admissible as evidence in court and legally enforceable.
Price Control and Anti-Profiteering Act 2011: May be relevant if the framework agreement involves regulated goods or pricing mechanisms.
Specific Relief Act 1950: Provides remedies for breach of contract and enforcement of contractual rights.
Consumer Protection Act 1999: While primarily for consumer contracts, certain provisions might be relevant if the agreement has downstream consumer implications.
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Framework Contract In Public Procurement

Malaysian government framework agreement establishing terms for recurring procurement of goods or services under Malaysian public procurement law.

find out more

Framework Collaboration Agreement

A Malaysian law-governed agreement establishing the framework for ongoing collaboration between parties, setting out general terms for future joint projects and initiatives.

find out more

Partnership Framework Agreement

A Malaysian law-governed agreement establishing the framework and terms for a business partnership between multiple parties.

find out more

Framework Purchase Agreement

A Malaysian law-governed master agreement establishing terms for recurring purchases of goods or services between commercial parties.

find out more

Framework Loan Agreement

A Malaysian law-governed master lending agreement establishing terms for multiple drawdowns within an approved facility limit.

find out more

Framework Cooperation Agreement

A Malaysian law-governed umbrella agreement establishing general terms for ongoing business cooperation between parties, with provisions for specific project agreements.

find out more

Enterprise Framework Agreement

A Malaysian law-governed master agreement establishing terms for ongoing supply of goods/services, with provisions for multiple call-off contracts.

find out more

Cooperation Framework Agreement

A Malaysian law-governed master agreement establishing the framework and principles for business cooperation between parties, with flexibility for specific arrangements.

find out more

Contract Framework Agreement

A Malaysian law-governed master agreement establishing standard terms for future contracts between parties, streamlining recurring business relationships.

find out more

Framework Agreement Procurement

Malaysian Framework Agreement Procurement contract establishing terms for recurring purchases between authorities and suppliers under Malaysian procurement law.

find out more

Framework Partnership Agreement

A Malaysian law-governed agreement establishing the framework for long-term business partnership collaboration and joint initiatives.

find out more

Framework Supply Agreement

A Malaysian law-governed agreement establishing a framework for ongoing supply arrangements between parties, setting core terms for future purchase orders.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.