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'Framework Agreement' is a general term for agreements with suppliers which set out terms and conditions under which specific purchases can be made.
This seminar will examine when and how you may set up a Framework Agreement, the legal implications of hosting a Framework Agreement and the issues involved in buying from a framework.
The purpose of a Framework Agreement is to establish the terms governing contracts to be awarded during a given period, in particular with regard to price and quantity. In other words, a Framework Agreement is a general term for agreements with suppliers which set out terms and conditions under which specific purchases (call-offs) can be made throughout the term of the agreement. Framework Agreements place no obligations on the procurers to buy anything.
The benefit of having a framework is that, because authorities are not tied to the agreements, they are free to use the frameworks when they provide value for money.
Buyers using Framework Agreements need to ensure that they follow the methodology set down for the agreement. This, however, means that they do not need to advertise their requirement, nor undertake a lengthy selection and award process.
Testimonial
"Very useful session with lots of relevant information - thank you" – Fiona Summerscales, First Choice Homes Oldham