Rückvertrag

English translation: back-to-back agreement

19:27 May 9, 2007
German to English translations [PRO]
Bus/Financial - Finance (general) / Company report
German term or phrase: Rückvertrag
The company is taking measures such as "....das Binden von Angeboten an Rückverträge mit Subkontraktoren und Lieferanten" to counteract losses.

Is the correct term 'retroactive contract'?
Caitriona O'Callanain
Local time: 07:32
English translation:back-to-back agreement
Explanation:
'in the event that IBM (which has a separate back-to-back agreement with Comcard) is successful in its bid for a contract to supply the new ID cards to the Government of Israel'
http://findarticles.com/p/articles/mi_m0EIN/is_2002_July_21/...

'a pure design and build contract would be let by ACC to LEP Conventional Contracts HoldCo, and the latter would enter into a back-to-back agreement with a supply chain sub-contractors for the design and build elements'
http://www.bsf.gov.uk/documents/LEP Model Paper Final 240304...
Selected response from:

Kieran McCann
United Kingdom
Local time: 07:32
Grading comment
Thanks Kieran - it suited the context well.
Regards, Caitriona
4 KudoZ points were awarded for this answer



Summary of answers provided
3back-to-back agreement
Kieran McCann
2reciprocal agreement or agreement in return
WriuszTran


  

Answers


3 hrs   confidence: Answerer confidence 2/5Answerer confidence 2/5
reciprocal agreement or agreement in return


Explanation:
This is low confidence, but looking through the meager offerings for this word in Google, I get the feeling that this involves making agreements with subcontractors and suppliers for agreements vis-a-vis the offers.

I don't think it means retroactive contracts.

WriuszTran
Germany
Local time: 08:32
Native speaker of: Native in EnglishEnglish
PRO pts in category: 23
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16 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
back-to-back agreement


Explanation:
'in the event that IBM (which has a separate back-to-back agreement with Comcard) is successful in its bid for a contract to supply the new ID cards to the Government of Israel'
http://findarticles.com/p/articles/mi_m0EIN/is_2002_July_21/...

'a pure design and build contract would be let by ACC to LEP Conventional Contracts HoldCo, and the latter would enter into a back-to-back agreement with a supply chain sub-contractors for the design and build elements'
http://www.bsf.gov.uk/documents/LEP Model Paper Final 240304...

Kieran McCann
United Kingdom
Local time: 07:32
Specializes in field
Native speaker of: English
PRO pts in category: 305
Grading comment
Thanks Kieran - it suited the context well.
Regards, Caitriona
Login to enter a peer comment (or grade)



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