Create a bespoke document in minutes,聽or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Supplier Agreement
I need a supplier agreement for a local vendor providing raw materials on a quarterly basis, with terms that include a 30-day payment period, quality assurance standards, and a clause for renegotiation of prices annually. The agreement should also include a termination clause with a 60-day notice period.
What is a Supplier Agreement?
A Supplier Agreement sets clear rules between a business and the companies that provide its goods or services in Austria. It spells out important details like delivery times, quality standards, prices, and what happens if something goes wrong. Under Austrian commercial law (Unternehmensgesetzbuch), these contracts help protect both sides and ensure smooth business operations.
These agreements play a crucial role in supply chain management, especially when dealing with Austrian and EU suppliers. They typically include payment terms, confidentiality requirements, and specific performance metrics. Good supplier agreements help businesses maintain consistent quality standards while following Austrian consumer protection laws and EU trade regulations.
When should you use a Supplier Agreement?
Use a Supplier Agreement when starting any significant business relationship with vendors in Austria, especially for ongoing or high-value purchases. This legal framework becomes essential when ordering critical materials, establishing regular delivery schedules, or working with suppliers who will access sensitive company information.
The agreement proves particularly valuable when dealing with suppliers across EU borders, managing complex order specifications, or setting up long-term partnerships. Austrian businesses need these contracts for compliance with UGB (Commercial Code) requirements, particularly when supplier relationships involve quality certifications, specific performance standards, or substantial financial commitments.
What are the different types of Supplier Agreement?
- Master Supplier Agreement: Comprehensive framework for long-term relationships, covering multiple orders and deliveries
- Manufacturing Supplier Contract: Specialized for production materials, with detailed quality and specification requirements
- Preferred Supplier Agreement: Establishes exclusive or priority supply arrangements with volume-based pricing
- Product Supply Agreement: Focused on specific product lines with detailed delivery schedules
- Preferred Vendor Agreement: For service-oriented suppliers with performance metrics and service levels
Who should typically use a Supplier Agreement?
- Purchasing Managers: Lead the negotiation and management of Supplier Agreements, setting terms and monitoring performance
- Legal Counsel: Review and adapt agreements to ensure compliance with Austrian commercial law and EU regulations
- Supplier Representatives: Negotiate terms, commit to delivery schedules, and ensure their company meets quality standards
- Quality Control Teams: Monitor supplier compliance with technical specifications and quality requirements
- Finance Departments: Handle payment terms, verify invoicing procedures, and manage financial commitments
- Operations Managers: Oversee day-to-day implementation and maintain supplier relationships
How do you write a Supplier Agreement?
- Company Details: Gather full legal names, registration numbers, and authorized representatives of both parties
- Supply Specifics: Document exact products/services, quantities, quality standards, and delivery schedules
- Payment Terms: Define prices, payment methods, currencies, and invoice requirements under Austrian law
- Performance Metrics: Establish clear KPIs, quality control procedures, and reporting requirements
- Risk Management: Outline liability limits, insurance requirements, and dispute resolution processes
- Compliance Check: Our platform ensures your agreement meets Austrian legal requirements while maintaining clarity
- Internal Review: Have key stakeholders validate technical specifications and operational requirements
What should be included in a Supplier Agreement?
- Party Information: Complete legal names, registration numbers, and authorized signatories under Austrian law
- Contract Object: Detailed description of goods/services, specifications, and delivery terms
- Financial Terms: Pricing, payment schedules, and currency details following Austrian commercial code
- Duration Clauses: Contract period, renewal options, and termination conditions
- Quality Standards: Performance metrics, acceptance criteria, and warranty provisions
- Liability Terms: Risk allocation, insurance requirements, and limitation of liability
- Data Protection: GDPR compliance measures and confidentiality obligations
- Dispute Resolution: Austrian jurisdiction, applicable law, and arbitration procedures
What's the difference between a Supplier Agreement and a Consultancy Agreement?
A Supplier Agreement differs significantly from a Consultancy Agreement in several key aspects under Austrian law. While both involve business relationships, their scope, obligations, and legal frameworks serve distinct purposes.
- Nature of Service: Supplier Agreements focus on regular delivery of goods or materials, while Consultancy Agreements cover professional advice and expertise
- Duration Structure: Supplier Agreements typically involve ongoing, scheduled deliveries with specific quantities, whereas Consultancy Agreements often follow project-based or time-bound frameworks
- Quality Metrics: Supplier Agreements emphasize product specifications and delivery compliance, while Consultancy Agreements focus on expertise-based deliverables and professional standards
- Liability Framework: Supplier Agreements include product liability and warranty provisions under Austrian commercial law, while Consultancy Agreements focus on professional liability and intellectual property rights
Download our whitepaper on the future of AI in Legal
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.