A written agreement between two or more parties that records their intent to work together and outlines their respective roles, responsibilities, and key commercial terms before a definitive agreement is executed. In bid and proposal management, a Letter of Agreement is commonly used to secure the commitment of a teaming partner or subcontractor while the full teaming or subcontract agreement is being negotiated.
Letter of Agreement (LOA)
A written agreement recording parties' intent to work together and their roles and key terms before a definitive agreement is signed.
Useful Links
Related articles
BD, capture and proposal alignment is something most organizations believe they already have, until a deadline exposes where it breaks. At WPS, a Health Solutions Company, the three functions were moving in parallel but not in sync, and the cost was showing up long before anyone started writing.
Casual drinks with the people who win federal business. Alongside AFCEA LA Space Industry Days.
Related Glossary Terms
The official compilation of permanent U.S. federal laws, providing the statutory basis for many contracting requirements.
A global classification system used to categorize products and services for procurement and spend analysis.
A unique 12-character identifier assigned via SAM.gov to organizations doing business with the federal government, replacing the DUNS number.
See how VisibleThread transforms
t your RFP process.
t your RFP process.