Purchase Order Economist in Germany Munich –Free Word Template Download with AI
Buyer (Purchasing Entity)
Bayerische Wirtschaftsforum GmbH
Leopoldstrasse 245
80807 Munich (München), Germany
Phone: +49 89 4455 6677
Email: [email protected]
VAT ID: DE 312 456 789
HRB 184 521, Amtsgericht München
Supplier (Vendor)
The Economist Group Limited
St. James's Avenue, 25 St. James's Street
London SW1Y 4HU, United Kingdom
Phone: +44 20 7577 5000
Email: [email protected]
VAT ID: GB 456 7890 12
| Purchase Order No.: | PO-2025-MUC-004871 | Date of Issue: | 14 June 2025 |
| Valid Until: | 14 July 2025 | Delivery Location: | Munich, Germany |
| Payment Terms: | Net 30 days from invoice date | Currency: | Euro (EUR) |
| Governing Law: | German Commercial Code (HGB) / BGB | Incoterms: | DAP Munich (Delivered at Place) |
This Purchase Order is issued by Bayerische Wirtschaftsforum GmbH, a corporate entity registered in Munich, Germany, for the procurement of print and digital subscriptions to The Economist, the internationally recognized weekly news and business magazine published by The Economist Group Limited. The subscription package is intended to serve the executive board, research division, and guest reading facilities of our Munich headquarters and satellite offices within the Bavarian region.
| Item No. | Description | Quantity | Unit Price (EUR) | Total (EUR) |
|---|---|---|---|---|
| 01 | The Economist — Annual Print Subscription (52 issues per year), delivered weekly to Munich headquarters address | 25 | 489.00 | 12,225.00 |
| 02 | The Economist — Annual Digital Subscription (Economist.com full access, including The Economist Podcasts+ and The Economist Espresso app) | 120 | 299.00 | 35,880.00 |
| 03 | The Economist — Institutional / Corporate License for shared digital access (up to 50 concurrent users, Munich office network) | 1 | 12,500.00 | 12,500.00 |
| 04 | The Economist — Annual Archive Access (full digital archive from 1843 to present, for research division) | 1 | 8,900.00 | 8,900.00 |
| 05 | The Economist — Special Edition: "The World in 2025" Annual Review (print, limited edition) | 50 | 35.00 | 1,750.00 |
| 06 | International shipping and customs clearance to Munich, Germany (DAP terms, including all applicable duties and handling) | 1 | 1,200.00 | 1,200.00 |
| Subtotal: | 72,455.00 EUR |
| VAT (19% — German domestic rate, applied to digital services): | 6,822.65 EUR |
| Grand Total: | 79,277.65 EUR |
All print editions of The Economist shall be delivered to the following address in Munich, Germany: Bayerische Wirtschaftsforum GmbH, Leopoldstrasse 245, 80807 München, Germany. Delivery shall occur no later than Tuesday of each publication week to ensure availability for the Wednesday executive board meeting. Digital access credentials and the institutional license shall be activated within five (5) business days of receipt of full payment. The buyer reserves the right to inspect and verify all delivered materials within fourteen (14) calendar days of receipt in Munich. Any discrepancies, damaged copies, or activation failures must be reported in writing to the supplier within this period.
Payment shall be made via SEPA bank transfer to the supplier's designated account within thirty (30) calendar days of the invoice date, in accordance with standard German commercial practice (Zahlungsziel). The supplier shall issue a single consolidated invoice for the full annual subscription period. In the event of a dispute regarding the quality or completeness of The Economist materials delivered to Munich, the buyer may withhold the disputed portion of payment pending resolution. Late payments shall accrue interest at the statutory rate under Section 288 of the German Civil Code (Bürgerliches Gesetzbuch, BGB), which currently stands at eight percentage points above the European Central Bank base rate for business-to-business transactions.
- This Purchase Order is governed by the laws of the Federal Republic of Germany, specifically the German Commercial Code (Handelsgesetzbuch, HGB) and the German Civil Code (Bürgerliches Gesetzbuch, BGB). The United Nations Convention on Contracts for the International Sale of Goods (CISG) shall apply to the cross-border elements of this transaction between the United Kingdom and Germany.
- The supplier warrants that all copies of The Economist delivered to Munich, Germany, shall be genuine, undamaged, and in full compliance with the editorial content published by The Economist Group Limited for the corresponding publication dates.
- The institutional digital license for The Economist is non-transferable and restricted to the named entity, Bayerische Wirtschaftsforum GmbH, and its registered offices in Munich and the broader Bavarian region. Unauthorized redistribution of The Economist digital content is strictly prohibited under the license agreement.
- Either party may terminate this Purchase Order with a written notice of thirty (30) days if the other party commits a material breach that remains uncured after a further fourteen (14) days of written notice. Termination shall not affect obligations accrued prior to the effective date of termination.
- All communications regarding this Purchase Order, including amendments, delivery confirmations, and dispute notifications, shall be directed to the addresses listed in the header of this document in Munich, Germany, or London, United Kingdom, respectively.
- In the event of any dispute arising from or in connection with this Purchase Order, the parties shall first attempt to resolve the matter through good-faith negotiation. Should negotiation fail, the exclusive jurisdiction of the competent courts in Munich, Germany, shall apply for all legal proceedings.
- This Purchase Order constitutes the entire agreement between the parties with respect to the procurement of The Economist subscriptions and related services described herein and supersedes all prior negotiations, representations, or agreements, whether oral or written.
For and on behalf of the Buyer:
Bayerische Wirtschaftsforum GmbH, Munich, Germany
Dr. Katharina VogelChief Procurement Officer
Date: _______________
For and on behalf of the Supplier:
The Economist Group Limited, London, United Kingdom
Mr. James WhitfieldDirector of Corporate Sales, Europe
Date: _______________ ⬇️ Download as DOCX Edit online as DOCX
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