ReadingPost-readingFurtherReadingLearningObjectivesPre-reading供应商 a company or person thatsellsaparticularproductorserviceWhatis a Letter of Intent?ALetterof Intent (Lol)isaverysimplebusinessletterthatavendor sends to theRFP's procurementcontact notifyingthem of your "intentionto bid"on theirRFP. LOlsare also referred to as a Statement of Intent or Statement of Interest (these are usedinterchangeablybutalsohavetheirownplaceswithintheRFPprocess).However,theLOistephappensafteryourteamhasreviewedtheRFPthoroughlyandknowsyoucanfullycomplywiththeRFPrequirements
Learning Objectives Pre-reading Reading Post-reading Further Reading What is a Letter of Intent? A Letter of Intent (LOI) is a very simple business letter that a sends to the RFP’s procurement contact notifying them of your “intention to bid” on their RFP. LOIs are also referred to as a Statement of Intent or Statement of Interest (these are used interchangeably but also have their own places within the RFP process). However, the LOI step happens after your team has reviewed the RFP thoroughly and knows you can fully comply with the RFP requirements. vendor 供应商 a company or person that sells a particular product or service
ReadingPost-readingFurtherReadingLearning ObjectivesPre-readingItisimportanttonotethataLOl isnotnecessaryforvendorsto sendforeveryRFPRather,theyarebestforlargecontractswithagenciesthathavelongertimelines,variousphases,andnumerousmeetingsorconferences.Then,followed byquestionand answerperiods.Basically,in orderto avoidany misunderstandingsormiscommunicationpriortosubmittinga response,it is suggestedtoabsolutelyensurethat youhaveall availableinformation.可获得的；可用的abletobeobtained,taken,orused
Learning Objectives Pre-reading Reading Post-reading Further Reading It is important to note that a LOI is not necessary for vendors to send for every RFP. Rather, they are best for large contracts with agencies that have longer timelines, various phases, and numerous meetings or conferences. Then, followed by question and answer periods. Basically, in order to avoid any misunderstandings or miscommunication prior to submitting a response, it is suggested to absolutely ensure that you have all information. available 可获得的；可用的 able to be obtained, taken, or used
ReadingPost-reading Further ReadingLearningObjectivesPre-readino估计；判定 to make ajudgment orguess about asituation,action, orperson based on the information thatWhen is a Letter of Intent Required?youhaveProcurementofficesmightrequirevendorsto submita LOltohelpthem gauge thelevel of interestintheRFP.Government agencies must follow strict procurement guidelines when spendingtaxpayer dollars. To further this, the agency must have a specific number of vendorsinterestedinrespondingtotheirRFptoascertaincompetition and ensure that allvendors get fair consideration. By rege agencyis ableto查明弄清to find out thetrueifenoughinterestismakeaneducateddecisiononwhetheor correctinformationaboutsthreceived.Alternatively,ifnotenoughlowstheagencytosave the time and resources by pausing the procurement process sooner rather thanlater
Learning Objectives Pre-reading Reading Post-reading Further Reading When is a Letter of Intent Required? Procurement offices might require vendors to submit a LOI to help them the level of interest in the RFP. Government agencies must follow strict procurement guidelines when spending taxpayer dollars. To further this, the agency must have a specific number of vendors interested in responding to their RFP to competition and ensure that all vendors get fair consideration. By requiring a LOI from vendors, the agency is able to make an educated decision on whether to continue the RFP process if enough interest is received. Alternatively, if not enough vendors show interest, this allows the agency to save the time and resources by pausing the procurement process sooner rather than later. gauge ascertain 查明；弄清 to find out the true or correct information about sth 估计；判定 to make a judgment or guess about a situation, action, or person based on the information that you have