Both parties will benefit from a very specific delivery plan. It can reduce your likelihood of conflict by clearly showing the responsibilities of both parties, so on the side of adding many details. At a minimum, your agreement should include the delivery plan, details of the products or services delivered, automated or required deliveries, and the cost and due date of payment for each delivery. In addition to providing a guaranteed market and a source of supply for its product, an acquisition agreement allows the manufacturer/seller to guarantee a minimum result for its investment. Because taketake agreements often help secure funds for the creation or extension of a facility, the seller can negotiate a price that guarantees a minimum level of return on associated products and thus reduces the risk associated with the investment. The conclusion of a framework agreement can move the legislative power of states to a plenary session and shift the basis for approving the new standards and standards obtained through their negotiations.  The practice of concluding framework agreements was born in the 1950s with an asylum agreement between Colombia and Peru.  Companies, in particular the contracting powers, may enter into framework agreements with one or more suppliers that impose the conditions applicable to each subsequent contract and provide for the selection and appointment of a contractor by referring directly to agreed terms or by organising a selection procedure that invites only the partners to the framework agreement to present specific trade proposals.  In the public sector, there are a number of central public procurement entities whose objectives are the creation and management of framework agreements in accordance with EU public procurement directives  and which are available for use by designated public bodies. In the United Kingdom, for example, crown commercial service, municipal consortia such as Eastern Shires Purchasing Organisation (ESPO) and Yorkshire Purchasing Organisation (YPO) and consortia, in the areas of higher education and training: APUC (in Scotland), Crescent Purchasing Consortium (CPC),  London Universities Purchasing Consortium (LUPC), North Eastern Universities Purchasing Consortium (NEUPC),  North Western Universities Purchasing Consortium (NWUPC)  Offtake agreements are generally used to help the selling company acquire financing for future construction, expansion or new equipment projects by promising future revenues and demonstrating existing demand for goods. Taketake agreements are often used in the development of natural resources, where the cost of capital for resource extraction is high and the company wants a guarantee that part of its product will be sold.