What is the difference between a proposal and a contract?

A contract is a legally binding agreement that binds parties to fulfill their obligations. A contract can reference a proposal. Parties sign a contract after an RFI and / or RFP process?

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ORCHID•B’s statements regarding its plans, directions and intent in connection with Canada are subject to local laws, regulations and obtaining the necessary regulatory approvals and authorizations. Information on this website is subject to change or withdrawal without notice at ORCHID•B’s sole discretion. Information on this website is intended to outline our general product direction and it should not be relied on in making a purchasing decision. This information is not an offer, commitment, promise or legal obligation to deliver any material, code or functionality. Information about potential future products in Canada may not be incorporated into any future contract. The development, release and timing of any release in Canada remains at the sole discretion of ORCHID•B.

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