CIPS Level 4 | Module 3 | Chapter 1 | Part 04
Автор: Supply Chain & Procurement Simplified
Загружено: 2026-02-28
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Types of Commercial Agreements (One-Off & Frameworks)
Not all contracts are structured in the same way.
This session compares One-Off Contracts and Framework Agreements, clarifying when each approach is strategically appropriate.
You will understand:
• One-off purchase contracts – benefits and risks
• Informal approved lists vs formal framework agreements
• Legal characteristics of frameworks
• Direct call-offs vs mini-competitions
• Benefits and risks of mini-competitions
This topic is frequently examined and often misunderstood.
If you want clarity in contract strategy:
👉 Subscribe to continue the L4M3 journey
👉 Watch the full playlist for complete understanding
👉 Invite colleagues who are preparing for CIPS or looking to strengthen their practical skills.
#FrameworkAgreements #CIPSLevel4 #Procurement #L4M3
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