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…
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This contract is used when a company (Licensor) assigns or licenses to another (Licensee) registered industrial and intellectual property rights (patents, utility models, trademarks, copyright etc.) as well as technical assistance and know-how. In the first case, knowledge and exclusive…
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…
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