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Price Offer Letter Template for Austria

A Price Offer Letter under Austrian law is a formal business document that presents a binding commercial proposal for goods or services at specified prices and terms. This document must comply with Austrian commercial law requirements, particularly the ABGB (Austrian Civil Code) and UGB (Commercial Code), while incorporating necessary elements such as precise price specifications, VAT details, and validity periods. The document serves as a formal offer that, upon acceptance, can form a binding contract, making it essential to include all material terms and conditions as required under Austrian contract law.

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What is a Price Offer Letter?

The Price Offer Letter is a crucial business document used in Austrian commercial transactions when a company wishes to make a formal offer to provide goods or services at specific prices. It serves as a preliminary step in contract formation and, under Austrian law, can constitute a binding offer if it contains all essential elements required by the ABGB and UGB. The document is typically used in business-to-business transactions but may also be adapted for consumer offerings, requiring additional compliance with consumer protection regulations. A Price Offer Letter must include detailed pricing information, payment terms, delivery conditions, and validity periods, while ensuring compliance with Austrian pricing regulations and commercial law requirements. This document is particularly important as it can form the basis of a binding contract upon acceptance by the recipient.

What sections should be included in a Price Offer Letter?

1. Letterhead and Date: Company details, including business register number, VAT ID, and full contact information as required by Austrian law

2. Recipient Details: Full name and address of the recipient, including any reference numbers or previous correspondence

3. Subject Line: Clear identification as a price offer with any relevant reference numbers

4. Opening Statement: Professional greeting and reference to any prior communications or meetings

5. Product/Service Description: Detailed description of the goods or services being offered, including specifications and quantities

6. Price Information: Detailed pricing breakdown, including unit prices, total amounts, and VAT information as required by Austrian law

7. Terms and Conditions: Essential commercial terms including payment terms, delivery conditions, and validity period of the offer

8. Closing Statement: Professional closing including contact information for follow-up questions

What sections are optional to include in a Price Offer Letter?

1. Delivery Schedule: Include when offering physical goods or services with specific timing requirements

2. Volume Discounts: Include when offering tiered pricing based on quantity

3. Installation Services: Include when offering products that require installation or setup

4. Training Provisions: Include when offering products or services that require user training

5. Warranty Information: Include when offering products with specific warranty terms

6. Maintenance Services: Include when offering ongoing maintenance or support services

What schedules should be included in a Price Offer Letter?

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

2. Price List: Detailed breakdown of prices, especially for multiple items or service components

3. General Terms and Conditions: Company's standard terms and conditions as referenced in the main letter

4. Product Images: Visual representation of products being offered, if applicable

5. Service Level Agreement: Details of service levels and performance metrics, if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Austria

Document Type

Offer Letter

Cost

Free to use

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