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Tuesday, April 13, 2021 Ford Motor Company (“Ford”) issued new Production Purchasing Global Terms and Conditions (“Terms”) related to the purchase of goods, services and tech products, including tooling and service parts purchased on or after July 1, 2021. Ford’s existing contracts with Suppliers will not be amended to include the Terms unless the contract is renewed after July 1 st. Importantly, for blanket purchase orders, the Terms will apply to all releases issued after July 1 st. The Terms include 47 sections and contain significant changes from prior iterations. Id...

Tuesday, April 13, 2021 Ford Motor Company (“Ford”) issued new Production Purchasing Global Terms and Conditions (“Terms”) related to the purchase of goods, services and tech products, including tooling and service parts purchased on or after July 1, 2021. Ford’s existing contracts with Suppliers will not be amended to include the Terms unless the contract is renewed after July 1 st. Importantly, for blanket purchase orders, the Terms will apply to all releases issued after July 1 st. The Terms include 47 sections and contain significant changes from prior iterations. Iden...

The Terms expressly apply to the production and use of software and data. The Terms also limit the types of Purchase Orders used to describe the goods, service, or software/date.  These changes broaden the scope of the Terms and standardize the forms used to incorporate them.  Suppliers that produce software or data should review the Terms in particular detail. Suppliers should be cautious about relying on contractual documents, requirements or specifications unless those document qualify as a Purchase Order under this provision.   Payment And Taxes  The new provision contains three chan...

Waltzing Matilda to launch new airline, Connect Airlines, to serve Toronto Billy Bishop City Airport IBS Software provides mission-critical SaaS solutions to support the airline's commercial business and operations News provided by Share this article Share this article BEDFORD, Mass., April 8, 2021 /PRNewswire/ -- Waltzing Matilda Aviation (WMA) will be launching Connect Airlines, a new airline starting operations in October 2021, connecting Toronto Billy Bishop City Airport with airports in the Northeast and Midwest United States. IBS Software to power Connect Airlines with its mission-criti...

Press release content from Business Wire. The AP news staff was not involved in its creation. Harris Williams Advises TractManager on its Sale to symplr December 22, 2020 GMT RICHMOND, Va.--(BUSINESS WIRE)--Dec 22, 2020-- Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised TractManager, a portfolio company of Arsenal Capital Partners (Arsenal), on its sale to symplr, a portfolio company of Clearlake Capital Group, L.P. (Clearlake). TractManager’s technology and professional services optimize the business of healthcare through contracting, so...