Vendor Agreements – A vendor agreement is a written contract between businesses that outlines the expectations and responsibilities of both parties. The agreement states the terms and conditions of the arrangement and is used to ensure that each party holds up to their end of the bargain. It’s an important document for keeping all parties accountable in facilities management, so it’s best to be thorough when crafting one. Vendor agreements help to make sure everyone is on the same page and can help establish smoother relationships with vendors.