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Letter of Intent to Supply Goods or Services

Document Type
Microsoft Word (Editable)
Pages
2
Price: KES 350
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Document Overview

A Letter of Intent to Supply Goods or Services is a pre-contractual document that expresses one party’s intention to enter into a formal agreement to provide specific goods or services to another party in the near future. It serves as a written expression of interest or commitment before a full, legally binding contract is signed.

While it outlines the main terms—such as the type of goods or services, pricing framework, delivery timelines, and payment expectations—it is not yet a binding contract. However, it signals serious intent and readiness to proceed, subject to final negotiations or due diligence.

The main purposes of a Letter of Intent to Supply Goods or Services are to:
1. Show Commitment
2. Outline Preliminary Terms
3. Facilitate Planning and Approvals
4. Enable Due Diligence
5. Maintain Confidentiality and Exclusivity
6. Serve as Evidence of Intent
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