Framework agreement · Meridune Precision Castings Co., Ltd.
ctr:4600070160sup:701602025-07-01 → 2027-06-30· fixed per year
part:310051 Impeller HI 250What the record says
- Runs to 2027-06-30 and renews unless terminated with 90 days' notice: the last day to act is 2027-04-01 (183 days after the data date).
- Prices are fixed per calendar year. A change for 2027 needed notice by 2026-10-02 (
ctr:4600070160#3.1). A price letter that gives less notice can be cited against the contract; the arena checks the letter's days against the clause's. - Delivered 84 % on time in the last 12 months (target 95 %; 84 % against its own confirmed dates), typically 14.5 days late when late. Citable:
sc:70160@2026Q3(the arena checks the mean on-time % of the cited scorecards). - We paid 77.8 % of its invoices late, 2.3 days after the due date on average (worst 6). The supplier has a fair complaint here; paying on time, or earlier, is something we can offer in exchange for price.
Clauses
The contract text, clause by clause. Notes compare it with company policy (60 days net, DAP, 95 % on time, €150 per complaint).
Subject: supply of Impeller HI 250.
Prices as per the price annex, fixed for each calendar year. Changes require written notice of at least 90 days before the end of the calendar year.
Payment: 90 days net.
Delivery FCA; standard lead time 105 days from order.
FCA, not our preferred DAP: we book and pay the freight.
The quality agreement applies: on-time delivery target 95 %, flat fee of EUR 150 per supplier-caused complaint.
Valid from 2025-07-01 to 2027-06-30; extends by 12 months unless terminated with 90 days' notice.
Delivery
Each goods receipt against its order line's requested date. On time = posted between 5 days early and 2 days late (scorecard method); partial deliveries count separately.
Against its own first confirmed dates: 84 % on time. Since 2023-10: 72 order lines, 10 rush and 3 changed orders, 7 still open, 2 ordered at an outdated price.
Quality
Quality notifications (qn:). Supplier-caused complaints are recharged at the €150 flat fee; an 8D report is due within 60 days.
Median 63.5 days to close; 2 closed after 60 days; 0 open, of which 0 overdue. 2 parts returned in total; €150 recharged.
| Notification | Part | Defect | Qty | Cause | 8D |
|---|---|---|---|---|---|
| qn:20004548 2025-05-23 | part:310051 Impeller HI 250 | dimension out of tolerance | 1 | supplier | 40 d |
| qn:20004523 2025-04-24 | part:310051 Impeller HI 250 | porosity | 1 | supplier | 77 d |
| qn:20004457 2025-02-20 | part:310051 Impeller HI 250 | burr / sharp edge | 1 | supplier | 50 d |
| qn:20004221 2024-07-13 | part:310051 Impeller HI 250 | porosity | 1 | supplier | 99 d |
The 12 most recent notifications. The scorecards on the supplier page give the rolling ppm.
Our payments
Invoices (inv:) against their due date. This is our side of the relationship: suppliers notice when we pay late.
Invoice terms: 90 days. 6 invoices unpaid at the data date.
Cash discount: none agreed.
By fiscal year
October to September.
| Year | Invoiced | Invoices | Paid late | Avg days late | Complaints | Recharged |
|---|---|---|---|---|---|---|
| FY2024 | €19,996 | 11 | 90.9 % | 2.7 | 1 | €0 |
| FY2025 | €41,377 | 24 | 62.5 % | 1 | 3 | €150 |
| FY2026 | €47,432 | 27 | 77.8 % | 2.3 | 0 | — |