Call-off contract - Revision history

Designing Buildings at 10:23, 3 July 2024

2024-07-03T10:23:39Z

← Older revision		Revision as of 10:23, 3 July 2024
Line 15:		Line 15:
	[https://www.cips.org/knowledge/glossary-of-terms/ The Chartered Institute of Procurement & Supply (CIPS) Glossary of procurement terms], defines a blanket order as: ‘An order that is placed with the supplier which allows the buyer to call off quantities as they need them over an agreed time period. This works in accordance with a manufacturing organisation’s production schedule.’		[https://www.cips.org/knowledge/glossary-of-terms/ The Chartered Institute of Procurement & Supply (CIPS) Glossary of procurement terms], defines a blanket order as: ‘An order that is placed with the supplier which allows the buyer to call off quantities as they need them over an agreed time period. This works in accordance with a manufacturing organisation’s production schedule.’

−	= Related articles on Designing Buildings ~~Wiki~~ =	+	= Related articles on Designing Buildings =

	* Construction buyer.		* Construction buyer.

Designing Buildings at 09:08, 22 February 2021

2021-02-22T09:08:08Z

← Older revision		Revision as of 09:08, 22 February 2021
Line 12:		Line 12:

	STAR Procurement (a shared procurement service for Rochdale, Stockport, Tameside and Trafford Councils), [https://www.star-procurement.gov.uk/Suppliers/Docs/STAR-Procurement-Glossary-of-Terms-May-2019.pdf Glossary of Terms], published in May 2019, defines a call-off contract as: ‘A contract awarded to a supplier or number of suppliers appointed to a Framework Agreement, to deliver the particular supplies, services or works required.’		STAR Procurement (a shared procurement service for Rochdale, Stockport, Tameside and Trafford Councils), [https://www.star-procurement.gov.uk/Suppliers/Docs/STAR-Procurement-Glossary-of-Terms-May-2019.pdf Glossary of Terms], published in May 2019, defines a call-off contract as: ‘A contract awarded to a supplier or number of suppliers appointed to a Framework Agreement, to deliver the particular supplies, services or works required.’
		+
		+	[https://www.cips.org/knowledge/glossary-of-terms/ The Chartered Institute of Procurement & Supply (CIPS) Glossary of procurement terms], defines a blanket order as: ‘An order that is placed with the supplier which allows the buyer to call off quantities as they need them over an agreed time period. This works in accordance with a manufacturing organisation’s production schedule.’

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =

Designing Buildings at 08:01, 17 September 2020

2020-09-17T08:01:28Z

← Older revision		Revision as of 08:01, 17 September 2020
Line 25:		Line 25:
	* Tender processes.		* Tender processes.

−	[[Category:Contracts_/_payment]] [[Category:Procurement]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Contracts_/_payment]] [[Category:Procurement]]

Designing Buildings at 15:53, 27 April 2020

2020-04-27T15:53:24Z

← Older revision		Revision as of 15:53, 27 April 2020
Line 10:		Line 10:

	NB [https://www.richmond.gov.uk/media/5442/glossary_of_procurement_terminology_2.pdf Glossary of procurement terminology, A guide for suppliers], Published by the London Borough of Richmond upon Thames in April 2012, defines a call-off contract as: ‘A contract made following a formal tendering process with one or more contractors, suppliers or service providers for a defined range of works, goods or services covering terms and conditions (including price) which users ‘call off’ to meet their requirements.’		NB [https://www.richmond.gov.uk/media/5442/glossary_of_procurement_terminology_2.pdf Glossary of procurement terminology, A guide for suppliers], Published by the London Borough of Richmond upon Thames in April 2012, defines a call-off contract as: ‘A contract made following a formal tendering process with one or more contractors, suppliers or service providers for a defined range of works, goods or services covering terms and conditions (including price) which users ‘call off’ to meet their requirements.’
		+
		+	STAR Procurement (a shared procurement service for Rochdale, Stockport, Tameside and Trafford Councils), [https://www.star-procurement.gov.uk/Suppliers/Docs/STAR-Procurement-Glossary-of-Terms-May-2019.pdf Glossary of Terms], published in May 2019, defines a call-off contract as: ‘A contract awarded to a supplier or number of suppliers appointed to a Framework Agreement, to deliver the particular supplies, services or works required.’

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =

Designing Buildings at 13:55, 22 April 2020

2020-04-22T13:55:02Z

← Older revision		Revision as of 13:55, 22 April 2020
Line 9:		Line 9:
	Careful management of call-off contracts is essential, with appropriate controls in place. The customer should have confidence that the agreed pricing is maintained and the schedules for call-off are met; while the supplier should have firm control over their commitments, and make sure they do not over- or under-supply.		Careful management of call-off contracts is essential, with appropriate controls in place. The customer should have confidence that the agreed pricing is maintained and the schedules for call-off are met; while the supplier should have firm control over their commitments, and make sure they do not over- or under-supply.

−	~~= Find out~~ more =	+	NB [https://www.richmond.gov.uk/media/5442/glossary_of_procurement_terminology_2.pdf Glossary of procurement terminology, A guide for suppliers], Published by the London Borough of Richmond upon Thames in April 2012, defines a call-off contract as: ‘A contract made following a formal tendering process with one or more contractors, suppliers or service providers for a defined range of works, goods or services covering terms and conditions (including price) which users ‘call off’ to meet their requirements.’

−	=== Related articles on Designing Buildings Wiki ===	+	= Related articles on Designing Buildings Wiki =

	* Construction buyer.		* Construction buyer.

194.35.116.81 at 09:45, 7 March 2019

2019-03-07T09:45:04Z

← Older revision		Revision as of 09:45, 7 March 2019
Line 3:		Line 3:
	The benefit of using a call-off contract is that it allows the supply of materials to be secured over multiple delivery dates, meaning that a customer does not have to hold excess stock (e.g. all the bricks required to build a housing development) on site; instead they can ‘call off’ stock as and when it is required.		The benefit of using a call-off contract is that it allows the supply of materials to be secured over multiple delivery dates, meaning that a customer does not have to hold excess stock (e.g. all the bricks required to build a housing development) on site; instead they can ‘call off’ stock as and when it is required.

−	This also reduces the amount of administration required to process multiple purchase orders. Instead, sales orders and invoice items are raised as they are needed until the point at which the contract is fulfilled, the end of the order period is reached, or the maximum order value (which ~~has~~ is pre-determined) is reached.	+	This also reduces the amount of administration required to process multiple purchase orders. Instead, sales orders and invoice items are raised as they are needed until the point at which the contract is fulfilled, the end of the order period is reached, or the maximum order value (which is pre-determined) has been reached.

	Another significant benefit is that call-off contracts are often negotiated with pre-determined pricing, which can offer discounts for bulk ordering. This is beneficial for suppliers who are guaranteed ongoing business over a period of time and can help them manage cash flows and orders.		Another significant benefit is that call-off contracts are often negotiated with pre-determined pricing, which can offer discounts for bulk ordering. This is beneficial for suppliers who are guaranteed ongoing business over a period of time and can help them manage cash flows and orders.

Designing Buildings at 12:26, 14 February 2018

2018-02-14T12:26:18Z

← Older revision		Revision as of 12:26, 14 February 2018
Line 1:		Line 1:
−	A call-off contract, also known as a blanket order, is a purchase order which enables bulk orders over a period of time. This is a form of framework agreement that is often used in construction where ~~typically,~~ projects can last for months or years ~~at a time~~.	+	A call-off contract, also known as a blanket order, is a purchase order which enables bulk orders over a period of time. This is a form of framework agreement that is often used in construction where projects can last for months or even years.

−	The ~~benefits~~ of using a call-off contract ~~are~~ that it allows a supply of materials to be secured over multiple delivery dates, meaning that a customer does not have to hold excess stock (e.g. all the bricks required to build a housing development) on site; instead they can ‘call off’ stock as and when it is required.	+	The benefit of using a call-off contract is that it allows the supply of materials to be secured over multiple delivery dates, meaning that a customer does not have to hold excess stock (e.g. all the bricks required to build a housing development) on site; instead they can ‘call off’ stock as and when it is required.

	This also reduces the amount of administration required to process multiple purchase orders. Instead, sales orders and invoice items are raised as they are needed until the point at which the contract is fulfilled, the end of the order period is reached, or the maximum order value (which has is pre-determined) is reached.		This also reduces the amount of administration required to process multiple purchase orders. Instead, sales orders and invoice items are raised as they are needed until the point at which the contract is fulfilled, the end of the order period is reached, or the maximum order value (which has is pre-determined) is reached.

−	Another significant benefit is that ~~often,~~ call-off contracts are negotiated with pre-determined pricing, which can offer discounts for bulk ordering. This is beneficial for suppliers who are guaranteed ongoing business over a period of time and can help them manage cash flows and orders.	+	Another significant benefit is that call-off contracts are often negotiated with pre-determined pricing, which can offer discounts for bulk ordering. This is beneficial for suppliers who are guaranteed ongoing business over a period of time and can help them manage cash flows and orders.

−	Careful management of call-off contracts is essential, with appropriate controls in place. The customer should have confidence that the agreed pricing is maintained and the schedules for call-off are met; while the supplier should have firm control of their commitments, and make sure they do not over- ~~and~~ under-supply.	+	Careful management of call-off contracts is essential, with appropriate controls in place. The customer should have confidence that the agreed pricing is maintained and the schedules for call-off are met; while the supplier should have firm control over their commitments, and make sure they do not over- or under-supply.

	= Find out more =		= Find out more =

Editor at 13:09, 12 February 2018

2018-02-12T13:09:23Z

← Older revision		Revision as of 13:09, 12 February 2018
Line 18:		Line 18:
	* Open tendering.		* Open tendering.
	* Products v goods v materials.		* Products v goods v materials.
		+	* Purchase order.
	* Supplier.		* Supplier.
	* Supply chain management.		* Supply chain management.

Editor: Created page with "A call-off contract, also known as a blanket order, is a purchase order which enables bulk orders over a period of time. This is a form of framework agreement that is often used ..."

2018-02-12T13:09:08Z

Created page with "A call-off contract, also known as a blanket order, is a purchase order which enables bulk orders over a period of time. This is a form of framework agreement that is often used ..."

New page

A call-off contract, also known as a blanket order, is a purchase order which enables bulk orders over a period of time. This is a form of framework agreement that is often used in construction where typically, projects can last for months or years at a time.

The benefits of using a call-off contract are that it allows a supply of materials to be secured over multiple delivery dates, meaning that a customer does not have to hold excess stock (e.g. all the bricks required to build a housing development) on site; instead they can ‘call off’ stock as and when it is required.

This also reduces the amount of administration required to process multiple purchase orders. Instead, sales orders and invoice items are raised as they are needed until the point at which the contract is fulfilled, the end of the order period is reached, or the maximum order value (which has is pre-determined) is reached.

Another significant benefit is that often, call-off contracts are negotiated with pre-determined pricing, which can offer discounts for bulk ordering. This is beneficial for suppliers who are guaranteed ongoing business over a period of time and can help them manage cash flows and orders.

Careful management of call-off contracts is essential, with appropriate controls in place. The customer should have confidence that the agreed pricing is maintained and the schedules for call-off are met; while the supplier should have firm control of their commitments, and make sure they do not over- and under-supply.

= Find out more =

=== Related articles on Designing Buildings Wiki ===

* Construction buyer.
* Framework contract.
* Logistics management.
* Open tendering.
* Products v goods v materials.
* Supplier.
* Supply chain management.
* Tender processes.

[[Category:Contracts_/_payment]] [[Category:Procurement]]