Framework Agreement Contract Template for Singapore

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Key Requirements PROMPT example:

Framework Agreement Contract

"Need a Framework Agreement Contract under Singapore law for IT services procurement, covering software development and maintenance services, with quarterly review periods and the ability for our subsidiaries in APAC to place orders starting from March 2025."

Document background

The Framework Agreement Contract is designed for situations requiring a master agreement to govern multiple future transactions. It is particularly useful in Singapore's business environment where companies need flexible yet structured procurement arrangements. This contract type streamlines the procurement process by pre-agreeing key terms while allowing for individual call-off contracts. The framework complies with Singapore law and typically includes provisions for pricing mechanisms, service levels, call-off procedures, and general terms that apply to all subsequent contracts.

Suggested Sections

1. Parties: Identification and details of contracting parties

2. Background: Context and purpose of the framework agreement

3. Definitions: Key terms used throughout the agreement

4. Scope of Framework: Overall structure and scope of the framework arrangement

5. Call-off Procedures: Process for creating individual contracts under the framework

6. Duration: Term of the framework agreement including extension options

7. Pricing Structure: Framework pricing mechanisms and adjustment provisions

8. General Terms: Standard contractual provisions applying to all call-offs

9. Governing Law: Specification of Singapore law as governing law

Optional Sections

1. Performance Standards: Specific KPIs and service levels - include when specific performance metrics are required

2. Exclusivity Provisions: Terms regarding exclusive arrangements - include when exclusive supply/purchase arrangements are needed

3. Change Control: Procedures for making changes to the framework - include for complex or long-term frameworks

4. Data Protection: Specific data handling requirements - include when personal data processing is involved

Suggested Schedules

1. Schedule 1 - Services/Products Description: Detailed description of services or products covered

2. Schedule 2 - Pricing Schedule: Detailed pricing structures and mechanisms

3. Schedule 3 - Call-off Terms: Standard terms for individual contracts under the framework

4. Schedule 4 - Service Levels: Detailed performance requirements and metrics

5. Schedule 5 - Form of Call-off Contract: Template for individual contracts under the framework

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Information Technology
Professional Services
Manufacturing
Healthcare
Construction

Relevant Teams

Legal
Procurement
Finance
Operations
Compliance

Relevant Roles

Procurement Manager
Commercial Director
Legal Counsel
Supply Chain Manager
Contract Manager

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Let's create your Framework Agreement Contract

Authors

Alex Denne

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