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Standing Offer Arrangement (SOA)

Definition overview

1 Definition

A Standing Offer Arrangement (SOA) is usually set up to obtain frequently used products or services. SOAs set out the terms and conditions, including price, under which a business agrees to supply an undefined volume of Goods and/or Services for a defined period.

2 References

UniSQ Defined.

3 Definition Information

Approved Date

23/7/2021

Effective Date

23/7/2021

Record No

21/499PL

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