Framework Agreement
A finance or procurement term used in infrastructure investment, concessions and project delivery.
Framework Agreement Explained
Framework Agreement is a key term within finance & ppp, where it is used across construction, infrastructure, transport and industrial project delivery. In practical terms, it helps describe how work is planned, specified, delivered, measured or maintained on real sites and assets. Understanding framework agreement is useful because the same language is often shared by contractors, designers, suppliers, asset owners, public authorities and investors.
Within Highways.Today’s Dictionary, framework agreement should be read as part of the wider vocabulary of project finance, procurement, concessions, investment and commercial delivery terminology. It may appear in technical specifications, tender documents, project reports, equipment guides, safety plans, design models, maintenance schedules or news articles. Exact requirements can vary by country, project type, contract form, standard and manufacturer, so readers should always check the relevant local guidance, drawings, regulations and professional advice before relying on the term for design, procurement or operational decisions.
Articles Featuring Framework Agreement
Sweco and Gasunie sign 10 year agreement for Netherlands Energy Transition
5th February 2024
Sweco and Gasunie sign 10 year agreement for Netherlands Energy Transition Sweco will be supporting Dutch energy operator Gasunie in…
Komatsu signs Africa Framework Agreement with Eramet
23rd October 2022
Komatsu signs Africa Framework Agreement with Eramet Komatsu has signed a Global Framework Agreement covering a part of the Africa…
SWARCO Traffic signs new framework agreement with the University of Warwick
13th June 2019
SWARCO Traffic signs new framework agreement with the University of Warwick SWARCO Traffic Ltd has signed a new contract with the…
SWARCO Traffic signs framework agreement in Northern Ireland
29th April 2019
SWARCO Traffic signs framework agreement in Northern Ireland SWARCO Traffic Ltd has signed a new framework agreement with the Department…
Editorial Note
The Highways.Today Dictionary is maintained as an editorial reference resource for construction, infrastructure, transport and industrial technology professionals. Definitions are intended to support understanding, discovery and research, and may be expanded over time as the Dictionary evolves into a broader illustrated industry reference.