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Contract Acceptance Letter
"I need a Contract Acceptance Letter for a Saudi construction project worth 5 million SAR, to be issued by March 2025, that includes specific references to our board approval and Sharia compliance certification."
1. Letter Header: Formal business letter header including date, reference number, and proper addressing to the offering party
2. Contract Reference: Clear identification of the contract being accepted, including its title, reference number, and date
3. Confirmation of Receipt: Acknowledgment of receiving the original contract and all its associated documents
4. Declaration of Acceptance: Express and unequivocal statement of acceptance of the contract terms
5. Authorization Statement: Confirmation of the signatory's authority to accept the contract on behalf of the accepting entity
6. Closing and Signature: Formal closing, signature block with name, title, and company stamp as required under Saudi law
1. Key Terms Summary: Brief recap of key terms being accepted - used when the underlying contract is complex or high-value
2. Conditions Precedent: Any conditions that must be fulfilled before the acceptance becomes effective - included if there are pending requirements
3. Implementation Timeline: Proposed timeline for contract implementation - used when immediate action is required post-acceptance
4. Point of Contact: Designation of primary contact person for contract implementation - included for complex contracts requiring ongoing coordination
5. Sharia Compliance Statement: Explicit confirmation of Sharia compliance - included when dealing with financial or investment contracts
1. Power of Attorney: Copy of authorization document proving signatory's authority - required if signatory is not a registered officer
2. Commercial Registration: Copy of current commercial registration certificate of the accepting entity
3. Board Resolution: Copy of board resolution authorizing acceptance (if required by company's constitution)
4. Specimen Signature: Authenticated specimen signature of the authorized signatory as may be required by Saudi law
Authors
Oil & Gas
Construction
Financial Services
Manufacturing
Technology
Healthcare
Transportation & Logistics
Real Estate
Professional Services
Retail & Consumer Goods
Education
Telecommunications
Government & Public Sector
Defense & Security
Legal
Procurement
Contracts Administration
Commercial Operations
Risk & Compliance
Corporate Secretariat
Business Development
Finance
Operations
Executive Leadership
Chief Executive Officer
Managing Director
Legal Counsel
Contract Manager
Procurement Manager
Commercial Director
Business Development Manager
Operations Director
Chief Financial Officer
Company Secretary
Compliance Officer
Project Manager
Risk Manager
General Manager
Department Head
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