Free Letter of Intent Outline for Subcontractor

[Company Letterhead]

Date: [Insert Date]

To:
[Subcontractor Name]
[Subcontractor Company Name]
[Address]
[City, State, Zip Code]

Subject: Letter of Intent to Enter Into Subcontractor Agreement

Dear [Subcontractor Name],

This Letter of Intent (LOI) outlines the preliminary terms under which [Your Company Name] ("Contractor") intends to engage [Subcontractor Name] ("Subcontractor") for [Project Name/Description].

1. Project Overview

• Scope: [Brief description of subcontractor’s responsibilities]

• Location: [Project location]

• Timeline: [Start date] to [End date]

2. Subcontractor Responsibilities

• Duties: Provide labor, materials, etc.

• Compliance: Adhere to all relevant laws and regulations.

3. Compensation

• Payment: [Payment method, terms, and schedule]

• Invoicing: [Invoicing procedure]

4. Contractor Responsibilities

• Support: Provide necessary support (e.g., project management, access)

• Schedule: [Contractor’s scheduling commitments]

5. Confidentiality & Insurance

• Confidentiality: [Any confidentiality terms]

• Insurance: [Insurance coverage required]

6. Termination & Dispute Resolution

• Termination: [Conditions for termination]

• Dispute Resolution: [Method of resolving disputes]

7. Non-Binding Nature

• This LOI is non-binding, except for confidentiality and other specific terms.

8. Next Steps

• Confirmation: Please confirm your intent to proceed.

• Next Steps: Finalize formal agreement.

Signatures:

[Your Company Name]
By: ___________________________
Name: [Authorized Signatory]
Date: ___________________________

[Subcontractor Name]
By: ___________________________
Name: [Authorized Signatory]
Date: ___________________________

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