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Letter Of Intent To Hire Contractor. This position poses a greater risk to the contractor as there will be no contractual obligation on the part of the employer to pay remuneration for the work done or liquidated. Comply with these nine tips to make up a winning cover letter
Building Contractor Contract Template Letter of intent from www.pinterest.com
According to this letter, the employer accepts that he has hired the contractor for the construction services that are described mildly in the letter. “principal contractor” or “prime contractor”). Following the delivery of the letter, the candidate can opt to accept the position or decline it.
The document typically serves as a preliminary agreement between the two parties which would later be followed by the signing of a subcontractor agreement.
This letter is sent to the person being hired. A party that has signed a letter of intent (loi) may be legally bound to honor it depending on how the letter is drafted. Use this letter when your business would like to hire a person for a job. Often, the terms in a letter of intent have already been discussed between the parties and the.
