What do the "terms and conditions" in procurement contracts outline?

The "terms and conditions" in procurement contracts primarily outline the governance of the execution and delivery of the contract. This component of the contract sets the framework for how both parties will fulfill their obligations, detailing the standards, timelines, and processes that are expected to be followed during the life of the contract.

This includes specifying responsibilities regarding the delivery of goods or services, quality expectations, performance metrics, and compliance with relevant laws and regulations. By clearly defining these aspects, the terms and conditions help to ensure that both parties have a mutual understanding of their roles and what is required for successful contract execution.

While aspects like payment schedules, approval processes for changes, and dispute identification are certainly important in a contract, they fall under more specific provisions rather than encapsulating the broad governance framework that the terms and conditions provide. The focus is primarily on how the contract will be managed and how both parties are expected to operate in relation to one another to effectively meet the agreed-upon objectives.