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Definitions Edit

Contract law Edit

An offer is a statement of the terms on which the offeror is willing to be bound.

U.S. government Edit

An offer is

[a] response to a solicitation that, if accepted, would bind the offeror to perform the resultant contract.[1]

References Edit

  1. GSA, A Guide to Planning, Acquiring, and Managing Information Technology Systems, at A-5 (Ver. 1 Dec. 1998) (full-text).

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