Soft Corporate Offer (SCO) & Full Corporate Offer (FCO)

A Soft Corporate Offer (SCO) is a non-binding offer that comes from the seller or someone representing the seller specifying the product, quantity, price, shipping terms, and also payment terms.

A Full Corporate Offer (FCO) is a binding offer only to be issued by the seller or an authorized representative of the seller specifying the offer in full details.

Therefore, a valid SCO or FCO must as minimum include:

  • Issuing date
  • Validity in time
  • Specification of the product
  • Minimum Order Quantity
  • Origin
  • Shipping terms
  • Price
  • Payment terms
  • Also any other mandatory terms

An FCO must furthermore include:

  • The seller identified by name, full address, company registration number, and contact information
  • The buyer identified by name, full address, company registration number, and contact information