Foundry refers to the act or the operation of melting metal and then casting it into the required shape/ design. Manufacturers of various products or commodities all around the globe which need help of metal casting service must come in contact with a metal casting service provider. The company seeking the foundry service and the providers of foundry must enter an agreement which records all the important details of the deal which is being made. Such an agreement is referred to as a foundry agreement.
The agreement mentions the name of the company providing the foundry service and the company to which the commodities are being supplied. The agreement mentions the type of the commodity, the quantity to be supplied, and the quality standards to be met etc. The date on which the order is to be supplied is also mention in this document along with other terms and conditions of the deal.
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Sample Foundry Agreement
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