Buying requirements that sets out the engineering requirements of a product or system to be purchased – e.g. functional, mechanical, operational, and quality and performance requirements.
Read MoreTechnology transfer
The movement of scientific methods of production or distribution from one enterprise, institution or country to another, as through foreign investment, international trade, licensing of patents rights, technical assistance or training. The process to commercially exploit research varies widely. It…
Read MoreTender proposal
The term tender proposal is used in the procurement field to describe the response from potential suppliers to a request for proposal (RFP). There are three aspects to every tender proposal: company overview, response to specifications, and pricing. Tender proposals…
Read MoreTermination of contracts
Termination clauses in international contracts, specially agency and distribution contracts, usually involve rights under local legislation and it is best that a contract is revised by a local lawyer before signature, rather than after a relationship has ended and a…
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