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Simple English definitions for legal terms

procurement contract

Read a random definition: Marchers

A quick definition of procurement contract:

A procurement contract is an agreement between two or more parties that creates obligations that can be enforced by law. It can be a written document that sets out the terms of the agreement, but the term "contract" can also refer to the legal relations resulting from the agreement. In simple terms, a contract is a promise that the law recognizes as a duty, and if that promise is broken, there are consequences.

A more thorough explanation:

A procurement contract is a type of contract that is used in the process of acquiring goods or services from an external source. It is a legally binding agreement between two or more parties that outlines the terms and conditions of the procurement process.

For example, a company may enter into a procurement contract with a supplier to purchase raw materials for their manufacturing process. The contract would specify the quantity, quality, and price of the materials, as well as the delivery schedule and payment terms.

Another example of a procurement contract is a government contract for the construction of a new building. The contract would outline the scope of work, the timeline for completion, and the budget for the project.

These examples illustrate how a procurement contract is used to establish a clear understanding between the parties involved in a procurement process. It helps to ensure that both parties are aware of their obligations and responsibilities, and provides a framework for resolving any disputes that may arise.

procurement | procurement of breach of contract

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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