LOI - Letter of Intention
It is a letter issued by the Employer to a tenderer that Employer suppose to award the tendered project that tender.
The purpose of issuing such is to keep the tenderer aware about this Employers intention.
As the tenderer, he can arrange necessary things to accept the project and start work on site immediately without delay.
It is a letter issued by the Employer to a tenderer that Employer suppose to award the tendered project that tender.
The purpose of issuing such is to keep the tenderer aware about this Employers intention.
As the tenderer, he can arrange necessary things to accept the project and start work on site immediately without delay.
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