A Letter Of Intent (LOI) is an interim agreement confirming that you are pursuing the finalization of an Arrangement, subject to due diligence, additional information and/or fulfillment of any conditions. It is an "agreement to agree".

The LOI document is forwarded to the Responder you Award the business to (the Winner).

There is a separate LOI for each RFP.

Before business may be awarded, the Manager must Prepare and Freeze a LOI.

After Award:

  • The Winner sees the LOI on his Proposal screen
  • Other Responders see a Regrets phrase.

Note that:

  • Contact information may exchanged through the LOI and/or Arrangement documents
  • To copy LOI text across RFPs as well as to the Arrangement document may be useful
  • Checklists of standard or template paragraphs may also be useful.


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