What is the name of the document that a prospective buyer uses to request specific goods or services at a set price?

The document that a prospective buyer uses to request specific goods or services at a set price is known as a Purchase Order. This official document serves as an offer to buy goods or services from a seller and details the types, quantities, and agreed prices for the products or services. Additionally, it establishes the legal obligations of both parties once accepted by the seller.

A purchase order is crucial for tracking inventory, managing budgets, and ensuring that the purchasing process for the business is organized and efficient. It also provides a clear record that can be referenced in case of disputes or misunderstandings regarding the order, making it an essential tool in procurement and supply chain management.

Other documents, such as a Contract Agreement, may outline broader terms of engagement between parties, while a Service Request Form typically pertains to service needs rather than a formal purchase. A Supply Agreement usually governs ongoing business relationships rather than individual transactions.