Supply of goods agreement (pro-supplier)

by Practical Law Commercial

A standard document that is an agreement for the supply of goods, drafted from the perspective of the supplier. This standard document establishes a robust framework for a medium to long-term, business-to-business (B2B) supply relationship under the law of England and Wales. It covers essential terms such as ordering and delivery processes, quality specifications, and payment structures. It incorporates key protections favourable to the supplier, including detailed limitation of liability clauses with financial caps, a retention of title provision to secure the supplier's interest until payment is made, and discretion over order acceptance. The agreement provides express warranties regarding the goods while seeking to exclude certain conditions implied by the Sale of Goods Act 1979.