In procurement procedures, a framework is an agreement between at least two contracting authorities or suppliers to outline terms governing contracts that could be awarded during the agreement.
Is a framework a contract?
Frameworks are not usually contracts, but are simply agreements about the terms and conditions that would be enacted should an order be placed during the lifetime of a framework. A contract can then be made after the order is placed and will exist as its own separate contract. However, a framework can be a contract if the agreement outlines an obligation to purchase.
Advantages of a framework
Disadvantages of a framework
Try for free
Build your pipeline with 10 free leads from the market-leading construction intelligence platform
Join Tolga Necar, Head of Consultancy at Barbour ABI where he’ll be joined by a panel of leading industry experts.
Whether you’re looking to anticipate market shifts, optimise your operations, or stay ahead of industry developments, this webinar will provide actionable intelligence and thought leadership for construction professionals.