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Price Confirmation Letter for Germany

Price Confirmation Letter Template for Germany

A Price Confirmation Letter under German law (governed by the BGB and HGB) is a formal commercial document that confirms agreed prices, terms, and conditions between business parties. It serves as written evidence of price agreements and related commercial terms, typically following negotiations or in response to price inquiries. The document includes essential elements such as specific price details, validity periods, payment terms, and any applicable conditions, while ensuring compliance with German commercial law requirements, including price indication regulations (PAngV) and, where applicable, competition law considerations.

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Price Confirmation Letter

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What is a Price Confirmation Letter?

A Price Confirmation Letter is commonly used in German business transactions to formalize price agreements between commercial parties. It serves as a crucial document in the procurement and sales process, typically issued after price negotiations or in response to price inquiries. The document provides clarity and certainty regarding agreed prices, ensuring both parties have a clear understanding of the commercial terms. Under German law, particularly the German Civil Code (BGB) and Commercial Code (HGB), such written confirmations help establish clear evidence of agreed terms and can be important for both legal and commercial purposes. The document should include all essential price-related information, validity periods, and any specific conditions that may affect the pricing, while ensuring compliance with German pricing regulations and competition law.

What sections should be included in a Price Confirmation Letter?

1. Letter Header: Company letterhead, date, reference number, and recipient's contact details

2. Subject Line: Clear indication that this is a Price Confirmation Letter with relevant reference to prior discussions or quotations

3. Opening Statement: Reference to previous communications and purpose of the letter

4. Price Details: Specific prices, units, quantities, and any volume-based pricing structures

5. Validity Period: Clear statement of how long the confirmed prices will remain valid

6. Payment Terms: Standard payment conditions including payment deadline and method

7. Confirmation Request: Request for acknowledgment or signature if required

8. Closing: Standard business letter closing with signature block and company details

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

1. Delivery Terms: Include when pricing is affected by delivery conditions or Incoterms

2. Volume Commitments: Include when prices are tied to specific purchase volumes or commitments

3. Price Adjustment Mechanisms: Include when prices may be subject to future adjustments based on specific factors

4. Currency Information: Include for international transactions or when currency exchange considerations apply

5. Tax Information: Include when specific tax treatments or VAT details need to be clarified

6. Quality Specifications: Include when prices are linked to specific quality grades or specifications

What schedules should be included in a Price Confirmation Letter?

1. Price List: Detailed breakdown of prices for multiple items or services

2. Volume Discount Schedule: Table showing different price tiers based on order volumes

3. Technical Specifications: Detailed product specifications if prices vary based on technical requirements

4. Terms and Conditions: Standard terms and conditions if referenced in the main letter

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 | Serial Founder & Legal AI Author

Jurisdiction

Germany

Document Type

Confirmation Letter

Sector

Sales

Cost

Free to use
Relevant legal definitions




















Clauses
















Relevant Industries

Manufacturing

Wholesale Trade

Retail

Industrial Supply

Chemical Industry

Automotive

Construction

Electronics

Food and Beverage

Pharmaceuticals

Raw Materials

Energy

Telecommunications

Information Technology

Professional Services

Relevant Teams

Procurement

Sales

Commercial

Legal

Finance

Supply Chain

Contract Administration

Business Development

Account Management

Pricing

Relevant Roles

Procurement Manager

Sales Manager

Commercial Director

Pricing Analyst

Contract Manager

Business Development Manager

Account Manager

Supply Chain Manager

Category Manager

Purchasing Director

Sales Director

Commercial Operations Manager

Bid Manager

Chief Commercial Officer

Vendor Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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