raamityssopimus

Raamityssopimus, often translated as framework agreement, is a type of contract in Finnish law that establishes the general terms and conditions for future transactions between parties. It does not typically bind the parties to a specific purchase or delivery of goods or services at the time of signing. Instead, it outlines the fundamental principles, pricing structures, quality standards, and other relevant parameters that will govern their ongoing business relationship.

The purpose of a raamityssopimus is to streamline future procurement processes and create a predictable legal basis for repeated dealings. It is commonly used in situations where a long-term supply or service relationship is anticipated, but the exact quantities or delivery schedules may not be known in advance. For example, a company might enter into a raamityssopimus with a supplier for office supplies, agreeing on unit prices and general delivery terms, and then place individual orders as needed.

Key elements often included in a raamityssopimus are the duration of the agreement, specifications for the goods or services, payment terms, liability clauses, and procedures for order placement and acceptance. It allows parties to pre-negotiate important aspects of their relationship, saving time and effort on each subsequent transaction. The actual execution of specific deliveries or services typically occurs through separate call-off orders or purchase orders that are made under the umbrella of the existing raamityssopimus. This ensures that all individual transactions adhere to the established framework.