prisofferter

Prisofferter, often translated as price quotations, are formal price proposals issued by a seller to a buyer in response to a request for quotation or as part of a sales process. They state the price for defined goods or services and describe the assumed scope, delivery terms, and conditions. In many jurisdictions the offer becomes binding only upon acceptance, forming a contract; otherwise it remains an invitation to treat.

Typical contents include: itemized line items and quantities; unit prices and total price; currency and VAT or taxes; delivery terms and lead times; payment terms; validity period of the quote; any assumptions or exclusions; and the seller’s contact information and applicable terms and conditions (including warranty, return, and after-sales support). Quotes may reference standards or certifications and may specify delivery methods or Incoterms.

Process and types: a price offer is usually prepared in response to an RFQ or inquiry. Offers can be fixed-price or subject to adjustments if scope changes; some contain contingencies or optional components. Buyers compare quotes by price and total cost of ownership, including delivery, service levels, and risk, before negotiation and selection.

Acceptance and contract: when a buyer accepts the quote, a contract is formed under the stated terms. If acceptance is not clear or the quote is non-binding, no binding contract exists. Changes to scope typically require amendments and a revised quotation or contract.

Best practices: use clear, precise scope descriptions; label currency, taxes, and validity; specify delivery terms (e.g., Incoterms); define payment terms; keep records; use standard templates to ensure consistency and compliance with procurement rules.