Sample Letter of Intent for Contract

When it comes to starting a new business relationship or project, it`s important to have a clear understanding of each party`s intentions and expectations. This is where a letter of intent (LOI) can come in handy.

An LOI is a non-binding document that outlines the basic terms and conditions of a potential contract or agreement between two parties. It serves as a roadmap for further negotiation and can help to prevent misunderstandings down the line. If you`re unsure of how to draft an LOI, here`s a sample to help get you started.

[Your Name]

[Your Address]

[City, State ZIP Code]

[Email Address]


[Recipient Name]

[Recipient Address]

[City, State ZIP Code]

Dear [Recipient Name],

I am writing to express my interest in entering into a formal agreement with your company regarding [brief description of the project or business relationship]. After careful consideration, I believe that our organizations share compatible values and goals and could produce outstanding results by working together.

In order to move forward with this partnership, I propose the following terms and conditions:

[Insert specific terms and conditions here. These may include details such as timeline, scope of work, payment structure, and any other relevant information. Be as detailed and clear as possible.]

Please note that this letter of intent is non-binding and does not guarantee that a formal agreement will be reached. However, I am committed to working collaboratively with your team to ensure that we produce a mutually beneficial outcome.

If you agree to the terms outlined above, please sign and return a copy of this letter to me within [insert time frame]. I look forward to the possibility of working with your company and am available at your convenience to discuss this proposal further.

Thank you for your time and consideration.


[Your Name]

Overall, a letter of intent should be clear, concise, and specific. It should outline key details of the proposed partnership, while also expressing a willingness to negotiate and work collaboratively toward a positive outcome. By following these guidelines and customizing the above template to fit your individual needs, you can craft a letter of intent that sets the groundwork for a successful business relationship.

This entry was posted on June 24, 2022, in Uncategorized. Bookmark the permalink.