Establishing secure connection…Loading editor…Preparing document…

Business Quotations

This template is fully customizable. Edit the text, fill out the fields, and send it for signature. Give it a try!

BUSINESS QUOTATION & AGREEMENT

Quotation Details

Quotation Number:    Issue Date:    Valid Until:

Recitals

WHEREAS the Client desires to obtain a quotation for goods and/or services described below and has requested a written quotation from the Supplier;

WHEREAS the Supplier has assessed the Client's requirements and prepared this Quotation, which sets forth the scope of work, pricing, and terms upon which the Supplier is willing to provide the goods and/or services;

NOW, THEREFORE, the parties agree that acceptance of this Quotation in writing or by signature constitutes a binding agreement on the terms set forth herein.

Scope of Work

The Supplier will provide the goods and/or services described below in accordance with the specifications and schedule set forth in this Quotation.

Itemized Quotation

List of goods and services, with quantities and unit prices. All monetary amounts are exclusive of applicable taxes unless noted.

Description Qty Unit Price Line Total
Subtotal
Tax (if applicable)
Total

Payment Terms

The Client agrees to pay the Supplier the Total amount set forth above in accordance with the following terms. A non-refundable deposit of (the "Deposit") is required to commence work. Remaining amounts shall be invoiced as follows:

Late payments shall incur a late fee of on outstanding balances and interest at the maximum rate permitted by applicable law thereafter. Client is responsible for all bank fees, collection costs, and taxes unless otherwise specified.

Term and Termination

This Quotation, upon acceptance by the Client, becomes a binding agreement effective as of Start Date: and shall continue until Completion Date: unless earlier terminated in accordance with this section.

Either party may terminate for material breach if the breaching party fails to cure within days after written notice. Termination shall not relieve the Client of liability for amounts due for goods delivered or services performed prior to termination.

Confidentiality

Each party shall treat as confidential all non-public information disclosed by the other party that is identified as confidential or that reasonably should be understood to be confidential given the nature of the information and the circumstances of disclosure ("Confidential Information"). Confidential Information does not include information that is (a) publicly known through no fault of the receiving party, (b) rightfully received from a third party without restriction, or (c) independently developed without use of the disclosing party's Confidential Information.

The receiving party shall use Confidential Information only for the purpose of performing obligations under this Quotation and shall not disclose it except to employees, contractors, or advisors who have a need to know and are bound by confidentiality obligations at least as protective as those herein. These obligations shall survive termination of this Agreement for a period of three (3) years.

Acceptance

This Quotation is valid until the date set forth above. Acceptance of the Quotation may be effected by the Client's signature below or by written purchase order referencing this Quotation and will bind the parties to the terms herein. Upon acceptance, the Supplier shall schedule performance in accordance with the agreed timeline.

Governing Law and Entire Agreement

This Agreement shall be governed by and construed in accordance with the laws of the jurisdiction of without regard to conflict of law principles.

This Quotation, together with any documents incorporated herein by reference, constitutes the entire agreement between the parties with respect to its subject matter and supersedes all prior proposals, negotiations, and representations, whether written or oral. No amendment or waiver shall be binding unless in writing and signed by both parties.

Additional Provisions

The Supplier represents that, to the best of its knowledge, the goods and services described herein will be performed in a professional manner consistent with industry standards. The Client acknowledges that the Supplier's quoted delivery or completion dates are estimates and subject to change for reasons beyond the Supplier's control.

Acknowledgment

By signing below, the parties confirm that they have authority to bind their respective organizations and that they accept the terms of this Quotation as the complete and exclusive statement of the parties' agreement.

Supplier (Printed Name):

By:

Date:

Client (Printed Name):

By:

Date:

Enter text✕

What a Business Quotation Is and when it’s used

A Business Quotation is a written estimate provided by a seller to a prospective buyer that details products or services, unit prices, quantities, terms, and validity period. Quotations set expectations for scope, delivery, payment terms, and any contingencies that affect price. When accepted by the buyer, a quotation can form the basis of a binding contract or purchase order, so clarity, version control, and record retention are important for enforceability and later reconciliation.

Why clear Business Quotations matter

Accurate, well-structured quotations reduce misunderstandings, speed approvals, and form reliable audit records. They make pricing and scope explicit, which helps with procurement reviews, accounting, and regulatory compliance when the quote becomes a contract.

Why clear Business Quotations matter

Who prepares and who receives Business Quotations

Ensure recipients have decision authority or documented approval limits before treating a quotation as an accepted offer.

  • Small business sales teams sending one-off price offers to customers or prospects.
  • Procurement officers comparing multiple vendor quotes during sourcing decisions.
  • Contract managers converting accepted quotes into purchase orders or contracts.

Typical signers and approvers

Sales Manager

A sales manager or authorized representative issues and signs quotations on behalf of the seller. Include title and company affiliation; company signatures should match the entity named on invoices and tax documents to avoid later disputes.

Procurement Officer

The buyer’s procurement officer or authorized approver evaluates and accepts quotations. The buyer’s signature or purchase order number creates the acceptance that binds the parties to the quoted terms.

Essential parts of a professional Business Quotation

A strong quotation organizes pricing, scope, timing, and legal terms so both parties can confirm expectations and next steps.

Header

Company name, contact details, quotation number, and issue date. This identifies the document for tracking and audit purposes and prevents confusion with prior versions.

Scope of Work

Concise description of deliverables, exclusions, and assumptions. Clear scope reduces disputes about what the price covers and what requires a change order.

Pricing Schedule

Unit prices, quantities, line-item totals, discounts, taxes, and any conditional charges. Include currency and whether prices exclude shipping or duties.

Payment Terms

Net terms, deposit amounts, milestone payments, late fees, and accepted payment methods. Payment terms determine cashflow and enforcement remedies.

Validity Period

Specific expiration date or window (for example, 30 days). This prevents open-ended offers and clarifies when a buyer must accept to lock pricing.

Legal Terms

Governing law, limitation of liability, warranty disclaimers, and cancellation terms. These clauses control dispute resolution and contract interpretation.

Step-by-step: creating and issuing a Business Quotation

Follow these sequential steps to prepare, approve, and deliver a quotation ready for acceptance.

  • 01
    Gather inputs: Collect scope, costs, and delivery timelines from operations.
  • 02
    Draft the quote: Populate template fields and confirm pricing calculations.
  • 03
    Internal approval: Route to authorized approver(s) before sending.
  • 04
    Send to client: Deliver by secure email, eSignature link, or portal.

How online quotation delivery and acceptance typically flow

Digital workflows remove paper handling and create an auditable trail from issuance through acceptance.

  • Upload document: Add the quotation PDF or template to the e-signing platform.
  • Add recipients: Enter buyer and internal approvers and set signing order.
  • Apply fields: Place signature, initials, date, and input fields.
  • Send and monitor: Track status, reminders, and receive completion certificate.

Configuring an efficient online quotation workflow

Set up templating, approvals, and notifications so every quotation follows a consistent approval path.

Field Configuration
Template Preload company header, pricing table, and terms.
Signing Order Specify internal approver before external signer.
Authentication Use email + optional SMS code for signer identity.
Notifications Auto-reminders and completion confirmations enabled.

Digital delivery and signature technical considerations

Use a platform that preserves signed originals, produces tamper-evident PDFs, and retains a detailed audit log for compliance and audits.

  • File Types: PDF, DOCX, XLSX supported
  • Authentication: Email, SMS, or KBA
  • Integrations: CRM and storage connectors

Comparing eSignature vendors for issuing Business Quotations

Vendor pricing and features vary; signNow appears first for baseline comparison. Check plan details for bulk send, HIPAA, or enterprise features that matter for your workflow.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial Yes, 7-day free trial No No Yes, limited Yes, limited
Bulk Send Yes Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No

Common mistakes to avoid when preparing quotations

  • Leaving the validity period blank, which can lead to disputes over whether pricing still applies and when acceptance expires.
  • Misstating client legal name or billing entity, causing invoicing rework and delayed payments.
  • Omitting delivery, lead-time, or acceptance criteria that then become sources of disagreement after order placement.
  • Failing to record version changes or approvals, which complicates audit trails and contract conversion.

Risks and consequences of incorrect or unclear quotations

Contract Dispute: Ambiguity can lead to breach claims or litigation.
Pricing Errors: Underquoting can cause financial loss.
Delayed Payment: Incorrect billing entity delays invoices.
Regulatory Risk: Noncompliant disclosures may trigger penalties.
Tax Issues: Misstated amounts can complicate IRS reporting.
Reputation: Repeated errors harm buyer trust.

Supporting documents and export formats for quotations

Include companion documents and choose formats that preserve signature integrity and integrate with accounting systems.

Export Formats

Save signed quotations as PDF/A for archival, and keep editable DOCX or XLSX originals for updates. Platforms should support PDF, Word DOCX, and Excel formats.

Supporting Docs

Attach terms and conditions, statements of work, pricing schedules, and product specifications as enforceable exhibits to the quotation.

Audit Trail

Retain a certificate of completion with timestamps, IP addresses, and signer authentication records for legal evidence.

Versioning

Maintain a change log or revision history to show when prices or scope changed and who authorized the changes.

Frequently asked questions about Business Quotations and eSigning

Answers to common legal, procedural, and technical questions about preparing, sending, and signing quotations electronically.


Need help? Contact support

be ready to get more
Join over 28 million airSlate SignNow users