Sample Letter of Intent (LOI) or Letter of Understanding (LOU)
For larger contracts or big dollar supply agreements, some corporations prefer to issue a letter of intent (LOI) to the successful bidder. This sample letter can be used to get the ball rolling until formal contract documents are drawn up and executed by the involved parties.
This sample letter of intent or letter of understanding covers a technical supply agreement used to purchase bulk commodities with prices that might be tied to an index or indice.
Feel free to download and use this free sample letter of intent or letter of understanding when awarding your RFP or RFQ.
Download PDF file here >>> letter_of_intent.pdf
It is a little cramped as wanted to fit it onto one page…
Tags: letter of understanding, loi, lou, RFP, RFQ, sample letter of intent Posted in
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