What is another word for requirements contract?
Pronunciation: [ɹɪkwˈa͡ɪ͡əmənts kˈɒntɹakt] (IPA) 
A requirements contract refers to a type of contract between a buyer and a supplier that obliges the supplier to meet the buyer's requirements for goods or services over a certain period. Some synonyms for this type of contract include output contract, supply contract, and quantity contract. An output contract details the quantity of goods and services that a supplier is obligated to produce and deliver to the buyer, while a supply contract outlines the terms of the agreed supply arrangement. Meanwhile, a quantity contract specifies the volume of goods or services that the supplier will provide to the buyer. In essence, these synonyms describe a contract that focuses on ensuring the buyer gets what they need from the supplier.
