Formal contract agreeing the conditions of a single order to supply a given number of units of product(s) at fixed price within a fixed period and setting the delivery process and invoicing and settlement for the order. The main purpose of this agreement is to guarantee supply of a given quantity at an agreed price over a given period. The sale is simple, the requirements are well known, the supply can be guaranteed, there are no other products or price lists to complicate the relationship. Seller = ownership passes to the buyer after settlement (also known as the Romalpa clause). Company to company. Any State.
Formal contract agreeing the conditions of a single order to supply. Company to company. Any State.