Free Sales Supplier Contract Checklist Template

Sales Supplier Contract Checklist

This checklist is intended to assist in the review and assessment of a Sales Supplier Contract entered into by the supplier and the buyer.

  • Ensure the correct and full legal names of both parties (Buyer and Supplier) are accurately stated.

  • Verify that the scope of the contract clearly defines the products, services, or deliverables being supplied by the Supplier to the Buyer.

  • Review and confirm the agreed-upon pricing, payment terms, and any applicable discounts or rebates.

  • Ensure that delivery and shipment terms, including lead times, shipping methods, and responsibilities, are specified.

  • Confirm that the contract outlines quality assurance standards, product specifications, and compliance requirements.

  • Check if key performance indicators (KPIs) and metrics for evaluating Supplier's performance are defined.

  • Review the contract's duration, renewal options, and conditions for termination.

  • Verify that the contract includes provisions for confidentiality and data protection.

  • Ensure there is a clause outlining the process for resolving disputes and potential remedies.

  • Check that the contract addresses legal and regulatory compliance, including any industry-specific requirements.

  • Review provisions related to insurance, liability limits, and indemnification.

  • Confirm the governing law and jurisdiction specified in the contract.

  • Ensure there is a process for making amendments or modifications to the contract.

  • Verify that the contract is signed by authorized representatives of both the Buyer and Supplier.

  • Review any attachments or appendices that are an integral part of the contract.

Prepared By: [Your Name]

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