Definitions

• "Pro forma" is Latin for "in the form of" or "for the sake of form." A pro forma contract is a document that is in the form of a contract. Although it is in the form of a contract, some elements are missing that need further clarification.
  
  

Features

• Missing elements are specified by blanks or a similar notation. These blanks may refer to terms that need to be negotiated or specific terms that can be easily filled in. Once the missing terms are filled in, the document will be a complete contract with a stated offer, acceptance, consideration and terms.
  
  

Example

• The state of Tennessee website shows a sample pro forma contract between a state agency and a contractor. The names of the parties and scope of services are blank.