Letter of Intent (LOI) definition
Letter of Intent (LOI) means an intimation by a letter to Bidder that their Tender has been accepted in accordance with the provisions contained in the letter and hence to take preparatory steps and compliance of formalities to commence the work from the date desired by Owner.
Letter of Intent (LOI) means the communication of the intention of the Purchaser to the Bidder to place the Purchaser Order for the former’s offered goods/services.
Letter of Intent (LOI) means an intimation by a letter to tenderer that the tender has been accepted in accordance with the provisions contained therein and shall be issued by the Chairman Cum Managing Director of the Company or his authorized representative.
Examples of Letter of Intent (LOI) in a sentence
Due to ongoing fluctuations in material pricing and the potential impact of tariffs, all quoted pricing is subject to change until a Letter of Intent (LOI) is received.
More Definitions of Letter of Intent (LOI)
Letter of Intent (LOI) of the Bid shall mean the official communication issued by Nabha Power Limited notifying the Successful Bidder about acceptance of its Bid.
Letter of Intent (LOI) means the communication of the intention of the Institute to the Bidder to place the Institute work Order for the former’s offered goods/services.
Letter of Intent (LOI) means the written communication to the successful Bidder expressing the intention of AIC to award the contract for rendering of the services as per the contract read along with the Tender documents.
Letter of Intent (LOI) means the formal acceptance by the Employer.
Letter of Intent (LOI) means an intimation by a letter to Bidder that their Tender hasbeen accepted in accordance with the provisions contained in the letter and hence to takepreparatory steps and compliance of formalities to commence the work from the date desiredbyOwner.
Letter of Intent (LOI) means the letter no. dated issued by GUVNL to the Power Producer for award of the Project.
Letter of Intent (LOI) means letter indicating the intention of the Purchaser to place Purchase Order on the successful Vendor.