What Is Difference Between Contract And Scheduling Agreement?

1.	What Is Difference Between Contract And Scheduling Agreement?
Answer» Contract is a long term outline agreement between vendor and ORDERING party over predefined material or services over certain FRAMEWORK of time WHEREAS scheduling agreement is a long term outline agreement between vendor and ordering party over a predefined material or SERVICE which are PROCURED on predetermined dates over a framework of time. Contract is a long term outline agreement between vendor and ordering party over predefined material or services over certain framework of time whereas scheduling agreement is a long term outline agreement between vendor and ordering party over a predefined material or service which are procured on predetermined dates over a framework of time.

Answer»

Contract is a long term outline agreement between vendor and ORDERING party over predefined material or services over certain FRAMEWORK of time WHEREAS scheduling agreement is a long term outline agreement between vendor and ordering party over a predefined material or SERVICE which are PROCURED on predetermined dates over a framework of time.

Contract is a long term outline agreement between vendor and ordering party over predefined material or services over certain framework of time whereas scheduling agreement is a long term outline agreement between vendor and ordering party over a predefined material or service which are procured on predetermined dates over a framework of time.

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