Document background
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.
