The problem of representability of quadratic functionals by sesquilinear forms is studied in this article in the setting of a module over an algebra that belongs to a certain class of complex Banach *-algebras with an approximate identity. That class includes C*-algebras as well as H*-algebras and their trace classes. Each quadratic functional acting on such a module can be represented by a unique sesquilinear form. That form generally takes values in a larger algebra than the given quadratic functional...