The Confirmation Letter for Quotation is a crucial document in Singapore's business landscape, used to formalize the acceptance of a quotation and create a binding agreement between parties. It serves as documentary evidence of the acceptance of terms and conditions, protecting both parties' interests under Singapore contract law. This document is particularly important in commercial transactions where clear documentation of agreed terms is necessary for future reference and legal certainty. The letter typically follows receipt of a formal quotation and precedes the commencement of work or delivery of goods.
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1. Reference to Original Quotation: Date and reference number of the original quotation being confirmed
2. Confirmation Statement: Clear and unambiguous statement accepting the quotation terms and conditions
3. Price Confirmation: Restatement of the agreed price, including GST status and payment terms
4. Scope of Work/Goods: Brief description of products/services being purchased as per quotation
5. Timeline: Confirmation of delivery or completion dates
1. Special Conditions: Additional terms or modifications to standard conditions that apply specifically to this transaction
2. Payment Schedule: Detailed breakdown of payment installments and milestones for large orders
3. Warranty Details: Specific warranty terms and conditions for goods or services
1. Original Quotation: Attachment of the original quotation document being referenced
2. Technical Specifications: Detailed specifications of products or services if applicable
3. Standard Terms and Conditions: Company's standard terms and conditions that apply to the quotation
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