A Letter of Intent (LOI) is a document that outlines the preliminary understanding between a freelancer/contractor and their client prior to a formal agreement.
It serves as a foundation for future negotiations, detailing the scope of work, terms, and expectations from both parties.
An effective LOI should include the services, project timeline, payment terms, and any confidentiality requirements. It's also crucial to tailor the LOI to the specific project and client needs, ensuring clarity and professionalism.
For freelancers, this template can help in setting clear guidelines and mutual understanding, which is essential for a successful collaboration. This template should be customised to fit your individual circumstances of the assignment.
Guides and tools to help your business
IPSE members in receipt of a Regulation 80 determination notice using MSC legislation can access Markel's template appeal letter.
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