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THE GOVERNMENT OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION TENDER FOR THE PROVISION OF SERVICES STANDARD TERMS AND CONDITIONS Reference No. BDTERMS2FOREWORDThis document Ref. No. BDTERMS2 issued
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Standard terms and conditions are a set of rules and agreements that govern the relationship between parties in a business transaction.
Any business or individual entering into a contract or agreement should have standard terms and conditions in place.
Standard terms and conditions can be filled out by including clauses that outline the rights, responsibilities, and obligations of each party involved in the transaction.
The purpose of standard terms and conditions is to protect the interests of parties involved in a business transaction and to provide clarity on the terms of the agreement.
Standard terms and conditions should include information on payment terms, delivery terms, warranties, liabilities, dispute resolution, and termination clauses.
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