The Model Asset Purchase Agreement with Commentary is the most comprehensive resource available for negotiating and documenting an asset purchase. This model agreement points out several, but it does not delve into the more complicated tax issues.A Practice Note providing commentary on key terms and conditions commonly found in asset purchase agreements. BID DOCUMENTS: The Bid Documents shall include the Invitation to Bidders, these Instructions to Bidders, the Bid. The requisition will become a Purchase Order contract specifying the exact terms and conditions. Before entering a requisition, the.