L4M3 Exam Dumps | Which of the following are always included within a framework agreement? Select TWO that apply:

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Question 32/84

Which of the following are always included within a framework agreement? Select TWO that apply:

A. Exact quantity to be purchased

B. Call-off procedure

C. Exact price to be paid

D. Duration

E. Insurance

Correct Answer: B,D

A framework agreement will set out the following:
- How call offs can be made - whether a mini-competition is required or a direct call off can be made
- How price is calculated
- The specification - this may have various options to cater for different needs
- The duration of the agreement
- Who can access the agreement
- Any limitations
- The main terms to be included in the contract or the form of contract to be used, where this is intended to be a standard form.
Reference: CIPS study guide 60-62
LO 1, AC 1.3

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