Letter of Agreement Template


Download

Get Instant Access
To unlock the full content, please fill out our simple form and receive instant access.

Organizations often hire contractors. In most cases, negotiating and signing a contract should precede the beginning of work. In some cases, however, the assignment is too small to warrant a full contract.

 

LoAs are most commonly used for:

  • Small engagements where a full contract would be overkill.
  • Work agreements or schedules where a master contract has already been signed and the contractor is continuously re-engaged for short, terminal assignments.
  • Projects where work must begin so quickly that there is no time to draft a contract.
  • As a pre-contract where project details or the suitability of a contractor are not yet known and committing to a full contract would be premature or unwise.

 

In the first two cases, a contract is not necessary, provided that the LoA is comprehensive. In the second two cases, a contract should be pursued; the LoA is only an interim step.

 

 

 

 

 

Related Content

GET HELP Contact Us
×
VL Methodology