Free Sales Supplier Contract Checklist

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.