Letter of intent (LOI) Definition | Legal Glossary | LexisNexis (2024)

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  • precedents (10)
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GLOSSARY

Published by a LexisNexis Construction expert

What does Letter of intent (LOI) mean?

A document setting out terms to allow a contractor to commence work on a project before complete formal contract documents are agreed and finalised. A letter of intent is usually limited to work for a defined period of time or works up to a limited specified value.

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Dive into our 10 Precedents related to Letter of intent (LOI)

View the related News about Letter of intent (LOI)

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Read the latest 8 News articles on Letter of intent (LOI)

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Letter of intent (LOI) Definition | Legal Glossary | LexisNexis (2) Login

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