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A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a legally binding agreement. The concept is similar to a heads of agreement , term sheet or memorandum of understanding .
The grant writing process involves not only creating a coherent proposal but also analysing the needs of the grant maker. Such an analysis is necessary, as the grant maker and recipient may not have completely similar interests, and the writer should position the proposal to highlight aspects that fulfil the funder's needs.
A letter of comfort, sometimes called a "letter of intent", is a communication from a party to a contract to the other party that indicates an initial willingness to enter into a contractual obligation absent the elements of a legally enforceable contract. The objective is to create a morally binding but not legally binding assurance.
A notice of intent must be issued in accordance with FAR 5.201. [61] Other suppliers wishing to challenge the proposed sole-source must submit a timely statement of capability, in order to establish that the government should compete the opportunity. Failure to do so will prevent the prospective supplier having standing to challenge the ...
A tender announcement from the Indonesian Ministry of Finance. An invitation to tender (ITT, also known as a call for bids [1] or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, supply, or service contracts, often from companies who have been ...
The spine of federal data has always been the decennial census, the latest edition of which is being conducted this year. The kind of cross-section the census provides to officials at every level is impossible to beat, said Joe Salvo, the director of the population division in New York City’s Department of City Planning: “We may complain about the census, its warts and so on.