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Simple English definitions for legal terms

procurement contract

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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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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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