Order of Precedence in Government Contracts
In contract documents, Order of Precedence is a term that establishes a hierarchy among contractual documents. That “pecking order” is defined to resolve conflicts that could occur in the various terms contained in those documents. For example, if your contract terms and conditions offer NET 30 payment terms, but you are issued a purchase order under that contract that has NET 45 payment terms, which document controls the final outcome? It depends on the Order of Precedence in your contract documents.