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Bidding Documents Tender No. 3718 FRAME WORK CONTRACT OF ANNUAL STATIONERY STORE FOR FINANCIAL YEAR 20172018 KING EDWARD MEDICAL UNIVERSITY, LAHOREBIDDING DOCUMENTS KING EDWARD MEDICAL UNIVERSITY,

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How to fill out frame work contract

01

Start by reviewing the framework contract document to understand its purpose and scope.

02

Fill in the basic information such as the names and contact details of the parties involved in the contract.

03

Clearly define the terms and conditions of the contract, including the duration, pricing structure, and payment terms.

04

Outline the deliverables and obligations of both parties, ensuring that they are comprehensive and specific.

05

Include provisions for handling disputes, termination, and any legal matters that may arise.

06

Ensure that the contract complies with all relevant laws and regulations.

07

Review and proofread the contract to ensure clarity and accuracy of the information provided.

08

Have both parties sign and date the contract to make it legally binding.

09

Keep a copy of the completed contract for future reference.

Who needs frame work contract?

01

Framework contracts are commonly used in business relationships that involve recurring services or multiple transactions over a period of time. They are typically beneficial for companies that engage in long-term partnerships, outsourcing arrangements, or procurement activities involving multiple suppliers. It provides a standardized and efficient approach to managing ongoing relationships and reduces the need for negotiating individual contracts for each transaction.

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What is frame work contract?

A framework contract is a long-term agreement between a buyer and a supplier that sets out the terms and conditions under which subsequent contracts will be established during the duration of the agreement.

Who is required to file framework contract?

It depends on the specific requirements of the organization or regulatory body governing the contract. Typically, it would be the procurement or legal department responsible for managing contracts.

How to fill out framework contract?

The framework contract should be filled out by including all relevant details such as parties involved, scope of work, duration, pricing, terms and conditions, etc.

What is the purpose of framework contract?

The purpose of a framework contract is to streamline the procurement process, provide consistency in supplier relationships, and ensure compliance with legal and regulatory requirements.

What information must be reported on framework contract?

Information such as parties involved, scope of work, pricing, terms and conditions, duration, deliverables, performance metrics, etc.

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