Document background
The Offer Proposal is a crucial business document used in Indonesian commercial practice when one party wishes to formally present a business proposition to another. It serves as a preliminary step in contract formation, outlining specific terms, conditions, and commercial details of the proposed transaction. Under Indonesian law, while an Offer Proposal itself is not a binding contract, it can form the basis for a legally binding agreement once accepted. The document typically includes detailed information about the offering party, scope of products or services, pricing, delivery terms, and conditions for acceptance. It must comply with Indonesian Civil Code requirements and relevant sector-specific regulations. This document is particularly important in formal business transactions, government tenders, and international trade dealings where clear communication of terms and conditions is essential for avoiding misunderstandings and ensuring legal compliance.
