Standard Terms and Conditions Benchmarking
The Institute for Supply Management™ (ISM) and the International Association of Contract and Commercial Managers (IACCM) conducted a comprehensive, multi-industry study to benchmark standard contract terms and conditions in late 2004. The five reports shown below contain the baseline results of the survey, from both buying and selling perspectives.
- Administrative Terms
- Business Terms
- Financial Terms
- Intellectual Property / Data Production Terms
- Legal Terms
ISM and IACCM are both fully committed to the principles of maintaining complete confidentiality of individual input. These reports are available only in consolidated formats that do not allow identification of individual company inputs. The names of companies and participants have not been divulged. The data from these reports are for internal use within your business only. Resale or distribution of the results for any other purpose is strictly prohibited. Failure to observe this condition will result in exclusion from future studies or reports, in addition to any other remedies permitted under law.