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1. Contract law a proposal made by one person that will create a binding contract if accepted unconditionally by the person to whom it is made
2. on offer for sale at a reduced price



a proposal to conclude a civil law contract that contains all the essential conditions of the contract. The offer may be made to a specific person or to an indefinite number of people, for example, a public offer placing an item with a marked price in a store window. The offer may be in oral or written form and may or may not specify a time limit for the answer (acceptance).

Under Soviet law, a contract based on an oral offer without a time limit for the answer is considered concluded if the other party immediately (including by telephone) accepts the offer. If such an offer is made in written form, the contract is considered concluded when the answer accepting the offer is received during the time normally necessary for acceptance. Under the law, an acceptance on conditions different from those offered is considered both a rejection of the offer and a new offer (for example, the Civil Code of the RSFSR, art. 165). Disagreements that arise during the conclusion of contracts among state, cooperative (with the exception of kolkhozes and interkolkhoz organizations), and other public organizations are normally resolved by arbitration agencies.

References in periodicals archive ?
The KO needed to clarify a point in the proposals regarding past performance so he sent one e-mail to the applicable offerors.
Offerors that the agency excluded from the competitive range or otherwise removed from the competition before the award may request a pre-award debriefing by making a written request to the contracting officer within three days of receipt of the notice of exclusion from the competition.
Typically, the work here is much more complex, and great differences are expected between the work proposed by the different offerors.
contents of the proposal submitted by the successful Offeror may become part of
Some may take issue with my example, pointing out that according to the AFFARS, ratings of yellow should really be used as interim or initial ratings: "Through exchanges, the government evaluators should be able to obtain the necessary information from offerors with interim Yellow/Marginal ratings to determine if the proposal inadequacies have been satisfactorily addressed.
Acknowledgement of Receipt Form Offerors 10/20/2017 ( Appendix C )
Offerors who are being debriefed commonly push the agency to go beyond the FAR requirements for debriefings, especially regarding comparisons between the offeror and the awardee.