Document background
The Proposal For Quotation (PFQ) is a essential commercial document used in Dutch business transactions when a company wishes to make a formal offer to provide goods, services, or works to a potential client. It serves as a detailed commercial proposal that, if accepted, can form the basis of a binding contract under Dutch law. The document needs to comply with the Dutch Civil Code (Burgerlijk Wetboek) and related commercial regulations, including VAT requirements and consumer protection laws where applicable. A PFQ typically includes comprehensive information about pricing, scope, delivery terms, payment conditions, and other commercial terms, making it suitable for both simple and complex business transactions. It's commonly used in both domestic Dutch markets and international trade where Dutch law applies, and can be adapted for various sectors and transaction types while maintaining its legal validity under Dutch jurisdiction.
