Call-off & fixed contracts
Call-off contracts:
4
an agreement for various purchases over a period
of time
also called framework agreements, blanket
contracts and standing orders
no commitment to buy certain amounts
Fixed contracts:
same idea as above but commitment to buy
certain volume or value over a period of the
contract
ITC M8:U4:4.1-1
, 2. § Description of the goods §
Objective: To describe the goods to
be supplied.
Why: For call-off and fixed contracts,
it is important to indicate if changes
or improvements over time are
included in the contract.
Contents: The same as for spot contracts
+ an indication of how to deal with
improvements or changes over time
ITC M8:U4:4.2-1
Call-off contracts:
4
an agreement for various purchases over a period
of time
also called framework agreements, blanket
contracts and standing orders
no commitment to buy certain amounts
Fixed contracts:
same idea as above but commitment to buy
certain volume or value over a period of the
contract
ITC M8:U4:4.1-1
, 2. § Description of the goods §
Objective: To describe the goods to
be supplied.
Why: For call-off and fixed contracts,
it is important to indicate if changes
or improvements over time are
included in the contract.
Contents: The same as for spot contracts
+ an indication of how to deal with
improvements or changes over time
ITC M8:U4:4.2-1
