Document background
A Price Offer Letter is commonly used in Singapore's business environment when companies need to formally present pricing proposals to potential clients or partners. This document typically includes detailed pricing structures, payment terms, validity periods, and specific conditions under which the offer is made. The Price Offer Letter serves as a preliminary step in contract formation and must comply with Singapore's commercial law requirements, including proper GST treatment and clear terms specification. It's particularly important in establishing clear commercial intentions and can form the basis for subsequent contract negotiations.
