The Standard Contract Form has been developed to meet the growing need for a reliable and legally compliant template for business transactions in New Zealand. This document type is particularly valuable for organizations seeking to standardize their contracting processes while ensuring compliance with New Zealand law. The Standard Contract Form incorporates essential provisions required by New Zealand legislation, including the Contract and Commercial Law Act 2017, while maintaining flexibility to accommodate various business scenarios. It is designed to be used across different sectors and can be customized to specific business needs while retaining core legal protections. The document is regularly updated to reflect changes in legislation and business practices, making it a trusted foundation for commercial relationships in the New Zealand business environment.
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1. Parties: Identifies and defines the parties entering into the contract, including their legal names, addresses, and company details if applicable
2. Background: Sets out the context and purpose of the agreement, including any relevant history or circumstances leading to the contract
3. Definitions: Defines key terms used throughout the agreement to ensure clarity and avoid ambiguity
4. Term and Commencement: Specifies when the agreement starts and its duration
5. Obligations of the Parties: Details the core responsibilities and duties of each party under the contract
6. Payment Terms: Specifies payment amounts, methods, and timing
7. Termination: Sets out circumstances and procedures for ending the agreement
8. Liability and Indemnity: Defines the extent of parties' liability and any indemnification obligations
9. Dispute Resolution: Outlines the process for resolving disputes between parties
10. General Provisions: Contains standard boilerplate clauses including governing law, entire agreement, and notices
1. Intellectual Property: Include when the contract involves creation, use, or transfer of intellectual property
2. Confidentiality: Include when parties will share sensitive or proprietary information
3. Force Majeure: Include to address circumstances beyond parties' control that may affect contract performance
4. Insurance: Include when specific insurance requirements need to be maintained by either party
5. Assignment and Subcontracting: Include when there's a need to control the ability to transfer rights or obligations
6. Change Control: Include when the scope of services or deliverables may need to be modified during the term
7. Service Levels: Include when specific performance standards need to be maintained
8. Data Protection: Include when personal data will be processed or transferred between parties
1. Schedule 1 - Pricing: Detailed breakdown of prices, rates, and payment terms
2. Schedule 2 - Services/Deliverables: Detailed description of services or deliverables to be provided
3. Schedule 3 - Service Levels: Specific performance metrics and standards
4. Schedule 4 - Key Personnel: Details of key staff members involved in contract delivery
5. Appendix A - Special Conditions: Any special terms or conditions specific to this agreement
6. Appendix B - Form of Change Request: Template for requesting and documenting changes to the agreement
Authors
Relevant legal definitions
Clauses
Relevant Industries
Professional Services
Construction
Technology
Retail
Manufacturing
Healthcare
Education
Financial Services
Real Estate
Consulting
Relevant Teams
Legal
Procurement
Commercial
Operations
Risk and Compliance
Finance
Business Development
Contract Administration
Relevant Roles
Legal Counsel
Contract Manager
Procurement Manager
Business Development Manager
Commercial Manager
Operations Manager
Project Manager
Risk Manager
Compliance Officer
General Manager
Chief Legal Officer
Chief Financial Officer
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