Chrysler Group LLC (Chrysler) issued new general terms and conditions (Terms) for production and Mopar purchasing that will apply to all purchase orders issued after December 1, 2014. The new Terms are not retroactive and apply only to the NAFTA region. The Terms include 41 provisions and reflect significant changes from prior iterations, especially with … Continue reading this entry
Tags: Chrysler, NAFTA, Suppliers, terms and conditions
Federal government subcontracts are a hybrid between commercial contracts governed by state law (such as, for the sale of goods, the Uniform Commercial Code) and government contracts governed by the Federal Acquisition Regulation (FAR) and FAR agency supplemental clauses. A “subcontract” is broadly defined in FAR 44.101 as any contract “entered into by a subcontractor to … Continue reading this entry
Tags: contracts, Government Contracts, Subcontracts, terms and conditions
Are you aware that General Motors (“GM”) issued new general terms and conditions (“Terms”) for direct material, customer care & aftersales, and tooling purchases effective for requests for quotation issued on or after July 15, 2013? You are in the Automotive Industry, you need to be. Are you aware that the DOJ continues to extract plea agreements … Continue reading this entry
Tags: Auto Parts, Department of Justice, General Motors, GM, T&C's, terms and conditions
General Motors (“GM”) issued new general terms and conditions (“Terms”) for direct material, customer care & aftersales, and tooling purchases effective for requests for quotation issued on or after July 15, 2013. The new terms and conditions are the most extensive revisions to GM’s terms and conditions in years. While GM’s existing contracts with Suppliers will not … Continue reading this entry
Tags: Automotive, Automotive Suppliers, Commercial, General Motors, terms and conditions
General Motors has announced that Effective July 15, 2013, its general terms and conditions for direct material, customer care & aftersales (CCA) and tooling purchases are changing. The new terms and conditions are part of GM’s implementation of its joint purchasing activities with PSA Peugeot Citroen and will be used for all GM purchases around … Continue reading this entry
Tags: buyer, contract, General Motors, GM, seller, Specific Performance, terms and conditions
Posted in Business; Compliance
Posted in Business; Compliance
Posted in Antitrust; Supply Chain