Guvfinment Purchase Agreement
This Guvfinment Purchase Agreement (this ”Agreement”), effective as of the first day of (date) (the “Effective Date”), is entered into by and between *******, and ******.
Preamble
WHEREAS, ******** is a leading provider of equipment, products and services and offers ************; and
WHEREAS, ******** desires to purchase certain items, products and services from ******; and
WHEREAS, ******** and ****** have entered into negotiations to define the purchase and payment terms.
Now, Therefore, in consideration of the foregoing and upon the mutual covenants and promises contained herein, and other good and valuable consideration, the parties agree as follows:
Article 1 – Definitions
1.1 “Goods” shall include all items, products, equipment and services purchased by ******** in accordance with this Agreement.
1.2 “Services” shall include, but are not limited to, any services, consultancy services or other tasks required of ****** in relation to the Goods purchased by ********.
Article 2 – Purchase
2.1 ******** hereby agrees to purchase from ******, and ****** agrees to provide to ******** all Goods for which an authorized purchase order has been issued by ******** according to the terms and conditions of this Agreement.
2.2 ******** reserves the right to change its purchases from time to time in accordance with this Agreement.
Article 3 – Prices
3.1 The purchase price for Goods purchased by ******** shall be the same as quoted by ******, subject to the Terms of Payment specified in Article 4.
3.2 Unless otherwise agreed in writing, ****** will provide Goods based on its standard price list in effect as of the date of purchase order.
Article 4 – Terms of Payment
4.1 Except as otherwise expressly provided in this Agreement, payment shall be due to ****** within 30 days of receipt of either a valid invoice or properly approved purchase order.
4.2 ******** shall be responsible for all reasonable and incidental expenses incurred by ****** in the performance of its obligations under this Agreement.
Article 5 – Delay in Delivery or Performance
5.1 Neither ******** nor ****** shall be liable for any delay or failure to perform its obligations hereunder due to any event or circumstance beyond its reasonable control, including but not limited to force majeure, fire, strikes, labor disputes, war, civil commotion, or acts of God or government.
Article 6 – Warranty and Indemnity
6.1 ******** shall inspect the Goods upon receipt and must notify ****** of any defects, short shipments, or other non-compliance with a valid purchase order or invoice within 14 days of receipt of the Goods.
6.2 ****** warrants that the Goods are of good quality and free from defects in material, construction, and workmanship.
6.3 ******** agrees to indemnify and hold harmless ****** against any and all liabilities, claims, damages, costs, and losses arising out of or connected with ******’s breach of this Agreement or negligence.
Article 7 – Termination
7.1 This Agreement may be terminated by either ******** or ****** by providing written notice to the other party.
7.2 Upon termination of this Agreement, all obligations of the parties shall cease, except for those obligations which by their nature survive the termination of this Agreement.
IN WITNESS WHEREOF, ******** and ******, by their respective authorized representatives, have executed this Agreement as of the Effective Date.
Signed for and on behalf of:
********: _______________________________
Name: _______________________________
Corporate Authorized Signature: _______________________________
Date: _______________________________
******: _______________________________
Name: _______________________________
Corporate Authorized Signature: _______________________________
Date: _______________________________
