Commercial Quotation Template

Commercial Quotation Template for Singapore

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Key Requirements PROMPT example:

I need a Commercial Quotation Template for my technology consulting firm in Singapore that includes detailed service level agreements and IP protection clauses, as we'll be offering custom software development services to enterprise clients in March 2025.

Document background

The Commercial Quotation Template is a fundamental business document used in Singapore's commercial landscape to formalize price proposals and terms of potential transactions. It serves as the first step in contract formation, providing detailed information about offered goods or services, pricing structures, and delivery terms. This template ensures compliance with Singapore's legal framework while maintaining flexibility for various business contexts. The document typically precedes purchase orders or formal contracts and can be customized for different industries while maintaining essential legal and commercial protections.

Suggested Sections

1. Company Information Header: Company details including legal name, registration number, address, and contact information

2. Quotation Reference: Quote number, date of issue, and validity period

3. Client Information: Client's business details including name, address, and contact person

4. Scope of Supply: Detailed description of goods/services being quoted with itemized listing

5. Pricing Details: Item-wise pricing, subtotals, GST calculations, and total amount

6. Payment Terms: Payment schedule, method of payment, and banking details

7. Delivery Terms: Delivery timeline, location, and shipping terms

Optional Sections

1. Warranty Section: Details of warranty terms and conditions, include when providing goods or long-term services

2. Installation Services: Details of installation services and requirements, include when offering product installation

3. Training Provision: Description of training services offered, include when providing product or service training

4. Maintenance Terms: Maintenance service details and schedules, include for equipment or ongoing service contracts

5. Special Conditions: Any special terms or conditions specific to this quotation

Suggested Schedules

1. Technical Specifications: Detailed technical specifications of products or services offered

2. Standard Terms and Conditions: Company's standard terms and conditions of sale

3. Product Images and Diagrams: Visual representations and technical diagrams of quoted items

4. Service Level Agreement: Detailed service levels and performance metrics for service-based quotations

5. Compliance Certificates: Relevant product certifications or compliance documentation

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Manufacturing
Technology
Professional Services
Construction
Retail

Relevant Teams

Sales
Finance
Legal
Procurement
Operations

Relevant Roles

Sales Manager
Business Development Executive
Procurement Manager
Account Executive
General Manager

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How a Sales & Marketing Lead uses ��������Ƶ to reduce contract drafting time by 95%

Let's create your Commercial Quotation

Authors

Alex Denne

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