This “Framework Agreement” is an agreement which is reached between two parties to cover a long-term collaborative arrangement. This agreement allows a purchaser to instruct a supplier/contractor to carry out works or provide services on a long-term, by reference to the agreement’s pre-agreed terms.
A framework agreement states all the necessary conditions needed to carry out works/services on a long-term basis. It specifies the role of each party as to its execution. It also assigns rights in relation to insurance, guarantees, intellectual property, reporting, compensation, confidentiality, fees etc.
This agreement includes the following sections:
Jurisdiction
This document is intended for use in the Emirate of Dubai.
Before Execution
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