Document background
The Long Term Supplier Agreement is essential for businesses seeking to establish stable, ongoing supply relationships under Dutch law. It is particularly suitable for situations requiring regular supply of goods or services over an extended period, typically one year or more. The agreement provides a master framework that governs all future transactions, eliminating the need for repeated contract negotiations for each order. It includes comprehensive terms covering ordering mechanisms, pricing structures (including adjustment provisions), quality requirements, delivery terms, and performance metrics. This document type is commonly used in the Netherlands and must comply with Dutch Civil Code requirements while also considering EU regulations where applicable. It's especially valuable for businesses requiring security of supply, predictable pricing, and standardized quality assurance.
