Business Agreements

Firm Offer

Vicky Randolph Vicky Randolph
How To Use

This review list is provided to inform you about this document in question and assist you in its preparation. A Firm Offer document is often used by a company with one of the Seller’s agents so the agent can get the offer approved at headquarters. It is a useful approach for the buyer if accepted in whole or even if you receive a counter bid in return. It is also helpful for the seller’s agent because they have all terms in writing and can submit it without all the “what ifs” surrounding oral offers.

  1. Make multiple copies. Give one to the signatory and another for the potential seller.

Firm Offer

_________________________, referred to herein as supplier offers to sell to _________________________, referred to herein as “Customer”, the following:

Item: _______________________________
Quantity of purchase: __________________
Maximum number of units available: ______
Terms: ______________________________
Price per unit: ________________________

This is a firm offer under Section 2-205 of the Uniform Commercial Code and will remain open for 30 days from date of making.

Dated : ___________________

For: ______________________

The offer made by __________________________ is accepted, and the following order entered as is provided in the offer:

Item: _______________________________
Quantity of purchase: __________________
Delivery date requested: ________________
Terms: ______________________________
For: ________________________________

________________
Date

________________
Customer