The Letter of Intent for Consulting Services is a crucial preliminary document used in the Philippine business environment when parties are initiating a consulting relationship but aren't yet ready to enter into a formal consulting agreement. This document serves as a bridge between initial discussions and the final contract, outlining key aspects such as proposed scope, preliminary commercial terms, and the process for moving forward. While primarily non-binding, it demonstrates serious intent and commitment from both parties. The document is governed by Philippine law, including the Civil Code of the Philippines and various commercial regulations, and is commonly used across different industries when engaging consultants for professional services. It helps establish clear communication channels, basic understanding of terms, and provides a framework for further negotiations while protecting both parties' interests during the pre-contractual phase.
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1. Date and Addresses: Complete contact details of both parties including registered business addresses
2. Recipient Details: Formal address to the recipient with their full name, title, and organization
3. Subject Line: Clear indication that this is a Letter of Intent for Consulting Services
4. Introduction: Brief introduction identifying the parties and their intention to enter into a consulting relationship
5. Project Overview: Brief description of the consulting project or services to be provided
6. Proposed Scope: High-level outline of the intended consulting services and deliverables
7. Preliminary Terms: Basic commercial terms including proposed fee structure and timeline
8. Non-Binding Nature: Statement clarifying that this is not a formal contract but an expression of intent
9. Next Steps: Outline of the process to move forward toward a formal consulting agreement
10. Validity Period: Timeframe during which this Letter of Intent remains valid
11. Closing and Signatures: Formal closing, space for signatures of authorized representatives from both parties
1. Confidentiality Statement: Brief confidentiality clause if sensitive information will be shared during preliminary discussions
2. Exclusivity Period: Optional clause requesting exclusive negotiations for a specified period
3. Prerequisites: Any conditions that need to be met before proceeding to formal agreement
4. Resource Allocation: Preliminary indication of resources to be committed by either party
5. Regulatory Compliance: Reference to specific regulatory requirements if the consulting services are in a regulated industry
1. Preliminary Timeline: High-level project timeline or milestone schedule
2. Initial Scope Document: Detailed breakdown of proposed consulting services and deliverables
3. Relevant Credentials: Consultant's qualifications, certifications, or relevant experience
4. Preliminary Budget Outline: Basic breakdown of anticipated costs and fee structure
Authors
Relevant legal definitions
Clauses
Relevant Industries
Information Technology
Management Consulting
Financial Services
Healthcare
Education
Manufacturing
Real Estate
Telecommunications
Energy
Professional Services
Public Sector
Non-Profit
Retail
Construction
Environmental Services
Relevant Teams
Legal
Procurement
Operations
Human Resources
Finance
Business Development
Project Management Office
Strategy
Administration
Compliance
Risk Management
Relevant Roles
Chief Executive Officer
Managing Director
Operations Manager
Project Manager
Procurement Manager
Legal Counsel
Contract Manager
Business Development Manager
Human Resources Director
Finance Director
Department Head
Consulting Partner
Senior Consultant
Business Analyst
Strategy Director
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