Document background
The Non-Binding Offer is a crucial business document used in the initial stages of commercial negotiations under Austrian jurisdiction. It serves as a formal way to present potential business terms, pricing, and conditions without creating binding obligations for either party. This document type is particularly useful when companies need to provide detailed commercial proposals while retaining flexibility for further negotiations. The non-binding nature must be explicitly stated to comply with Austrian law, particularly the provisions of the ABGB (Austrian Civil Code). Typically used in scenarios where detailed terms need to be proposed but further negotiation is expected, or when complex technical specifications or pricing structures need to be presented for discussion. The document often forms the basis for subsequent binding offers or contracts once terms are agreed upon.
