Contractor Letter Of Intent Sample. It could be for a real estate transaction a business deal or for a cover letter to be sent with a sample resume the letter is meant as a prelude of the contract that would be signed later. When an employer hires a contractor for construction works or when a contractor hires a subcontractor for a specific part of the construction project they sign a contract with each other which is known as the construction agreement.
A letter of intent to hire contractor is an informal way of forming an agreement between the contractor and the hiring company. You have been allotted a preliminary funding of 750 000 for your services. The document typically serves as a preliminary agreement between the two parties which would later be followed by the signing of a subcontractor agreement.
Letter of intent for road construction project greetings of the day.
Often the terms in a letter of intent have already been discussed between the parties and the. It could be for a real estate transaction a business deal or for a cover letter to be sent with a sample resume the letter is meant as a prelude of the contract that would be signed later. This letter serves as a notice to subcontractor of general contractor s intent to enter into a lump sum contract with but does not release the subcontractor to begin any presubcontractor mobilization activities that will result in a cost to the general contractor. We are immensely delighted to inform you that your construction company has won the bid for the road construction project.