FAQ: When is a Marketplace Private Offer Legally Binding?

Q: At what point in the transaction process does a Private Offer become legally binding? The reason why was it would determine who in the organisation could approve the Private Offer, and then purchase software.

 

1. Step 1 - Approval of the Private Offer?  
2. Step 2 - Purchase the Software?
3. Step 3 - Only when the ISV has configured the software?

 

A: It is binding at the time of accepting the offer (Step 1). "Accepting the private offer means you agree to the terms and prices listed in the offer, creating a contractual agreement between your organization and the Microsoft partner" - https://learn.microsoft.com/en-us/marketplace/private-offers-accept-offer