deliveryprovision
Deliveryprovision is a contractual clause that governs the transfer of possession of goods or the completion of services from seller to buyer. It specifies when and where delivery must occur, the method of delivery, and who bears risk of loss at different points. The provision typically defines delivery terms, the delivery window, accepted delivery methods (carrier, freight terms), and the location where delivery takes place. It also sets conditions for transfer of risk and title, often aligned with but not limited to Incoterms or defined by the contract itself.
Key components include the delivery schedule, acceptance criteria, inspection rights, and procedures for partial deliveries. It
In procurement and manufacturing, the delivery provision interacts with payment terms, warranties, and service levels. It
While the term is common in procurement, logistics, and contract law, its exact content varies by jurisdiction