Connecticut Product Supply Agreement

State:
Multi-State
Control #:
US-13271BG
Format:
Word; 
Rich Text
Instant download

Description

A product supply agreement is an agreement between a supplier and a buyer for supply and purchase of products. The agreement specifies the terms upon which the parties agree to supply and purchase products from each other.
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FAQ

Express Contract: The promises are communicated by language, either oral or written. Example: John promises to paint Dan's car in return for Dan's promise to pay him $100. Implied Contract: The conduct of the parties indicates that they consented to be bound. Example: Toni fills her car with gas at Tina's gas station.

Statewide contracts are a type of Leveraged Procurement Agreement (LPA), used as one of the state's main procurement vehicles for leveraging its buying power. Most are mandatory for state departments.

Unlike grants and cooperative agreements, which are assistance mechanisms, a federal contract is a procurement mechanism. This means that the principal purpose of a federal contract is to purchase property or services for the direct benefit or use of the US Government.

WebProcure is the software application that is being utilized within the secure MissouriBUYS website for vendor registration, posting and awarding solicitations and bids, sending email notifications to prospective vendors, and providing a way for users to easily view awarded contract information.

Secretary of the State Stephanie Thomas.

A ?State contract? can be defined as a contract made. between the State, or an entity of the State, which, for present. purposes, may be defined as any organization created by statute. within a State that is given control over an economic activity, and a. foreign national or a legal person of foreign nationality.

State contract means an agreement or contract with the state or any state agency or any quasi- public agency, let through a procurement process or otherwise, having a value of fifty thousand.

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Connecticut Product Supply Agreement