Letter Of Intent For Tender Template for Singapore

A Letter of Intent for Tender in Singapore is a formal document expressing a party's intention to participate in a tender process. It serves as a preliminary commitment under Singapore's procurement framework, demonstrating serious interest while adhering to local regulatory requirements, including the Government Procurement Act and relevant procurement guidelines. The document outlines the bidder's capabilities, basic understanding of requirements, and commitment to participate in the tender process.

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What is a Letter Of Intent For Tender?

The Letter of Intent for Tender is a crucial preliminary document in Singapore's procurement landscape, typically used before submitting a full tender response. It signals serious intent to participate in the bidding process while demonstrating preliminary compliance with tender requirements. This document helps tender issuers gauge market interest and pre-qualify potential bidders, while offering bidders an opportunity to formally declare their interest. Under Singapore's procurement framework, this document often serves as a gateway to receiving detailed tender documentation and participating in pre-bid meetings.

What sections should be included in a Letter Of Intent For Tender?

1. Intent Declaration: Clear statement of intention to participate in the tender process and compliance with Government Procurement Act requirements

2. Project Details: Specific identification of the tender opportunity, including project reference numbers and full project title

3. Company Information: Legal entity details, registration numbers, registered address and authorized representative information

4. Compliance Statement: Declaration of compliance with tender requirements and relevant Singapore procurement regulations

5. Validity Period: Specific timeframe during which the Letter of Intent remains valid and binding

What sections are optional to include in a Letter Of Intent For Tender?

1. Preliminary Commercial Terms: High-level indication of pricing or commercial terms when specifically requested in tender documentation

2. Project Team Overview: Brief introduction of key personnel and their roles, included for complex technical projects

3. Experience Summary: Brief overview of relevant project experience and track record, included when specifically requested by tender requirements

4. Consortium Details: Information about consortium members and structure, if bidding as a consortium

What schedules should be included in a Letter Of Intent For Tender?

1. Company Profile: Detailed corporate information including organization structure and capabilities

2. Financial Information: Recent financial statements or evidence of financial standing as required by tender

3. Certifications Schedule: Copies of relevant business licenses, industry certifications and accreditations

4. Track Record Schedule: Detailed list of similar projects completed with client references

5. Compliance Checklist: Checklist confirming compliance with key tender requirements and regulations

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Singapore

Publisher

Genie AI

Document Type

Letter of Intent

Cost

Free to use

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