What is the Asset Administration Agreement?

Asset Administration Agreement

The Contract for the Administration of Goods is the agreement by which a supplier, the provider, undertakes to periodically supply movable goods to a client, the administered one.

With this document, the parties undertake in writing to comply with what is agreed in the contract such as, for example, the quantity and delivery times of the movable goods to be administered, any exclusivity in favor of the customer or supplier and any preference clause. to oblige the customer to contact the supplier for future administrations.

When using the contract of periodic supply of goods

This contract is used for the periodic supply of movable property. For example, the supply of food for a bar or the supply of building products for a construction company. The supply contract, therefore, guarantees the customer a regular supply at the agreed price and the supplier a constant income with a minimum supply.

The contract for the supply of goods can be stipulated by a customer of any type with a company or with an entrepreneur. In particular, the supplier must professionally carry out an organized economic activity.

This contract, on the other hand, is not used when the supply of the products takes place on a one-off basis. In this case, the contract for the sale of movable property is used. For example, when a restaurant needs a delivery of goods for a single event, a sales contract is used.

Furthermore, the administration contract is not used for the provision of services. For example, the provision of a cleaning service for a restaurant owner’s premises must be governed by an ongoing service supply contract.

Administration of goods and administration of work

The contract for the supply of movable property should not be confused with the contract for the supply of work (or body rental). In fact, in the body rental object of the administration they are not movable assets, but the work performance of the employees of a company.

There are two alternatives to availing of the service of an employee:

  • contact agency of administration of authorized work
  • hiring the worker directly (for example with a fixed-term or permanent employment contract or an on-call employment contract)

What does the model contract for the administration of goods contain?

Our administration contract meets all legal requirements. The main clauses concern:

  • Description of goods: to specify in detail the goods and quantities of the supply (in the contract or in the annex)
  • Delivery: to specify the place, the means of transport of the movable goods, and the type of delivery (with fixed or variable date)
  • Payment: to fix the price of supplies and specify the time of payment
  • Other amounts: to indicate, for example, transport costs or contract activation costs
  • Penalty: to oblige the supplier to pay a sum of money in case of delays in delivery
  • Exclusive: to prevent the parties from turning to the competition (the exclusivity can be in favor of the customer or supplier)
  • The obligation of preference: to oblige the customer to contact the supplier first for new supplies
  • Duration: the contract can be for a fixed or indefinite period

Once you have downloaded your contract we will guide you step by step to complete all the necessary subsequent obligations.

Information you need

All parts data are required to complete the document.

Remember that our interview does not generate a simple facsimile of a contract for the administration of goods. Based on your answers, the system automatically draws up a customized contract model for your needs, guaranteeing its legal correctness.

The document can be modified in all its parts without time limits. Don’t worry so if you don’t have all the information available during the interview, you can always enter it later.

Other names

  • Contract for the administration of movable property
  • Contract for the administration of products
  • Periodic supply of goods
  • Contract for the periodic supply of goods

Other useful templates and facsimiles

  • Continuous Service Supply Agreement: to regulate the relationship between a customer and a supplier of a continuous service over time
  • Commercial Distribution Agreement: for the marketing of goods or services in a specific territory and can be granted exclusively
  • Franchising contract: to create a network of affiliated points of sale and spread your products
  • Payment Reminder Letter: to formally request the extinction of a debt
  • Estimation Contract or Sales Account: to deliver products to a reseller who will pay the price only after having sold them to the end customer

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