[Code of Federal Regulations]

[Title 48, Volume 4]

[Revised as of October 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR316.770-1]



[Page 50]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                  CHAPTER 3--HEALTH AND HUMAN SERVICES

 

PART 316_TYPES OF CONTRACTS--Table of Contents

 

                        Subpart 316.7_Agreements

 

Sec. 316.770-1  Letters of intent.



    A letter of intent is an informal unauthorized agreement between the 

Government and a prospective contractor which indicates that products or 

services will be produced after completion of funding and/or other 

contractual formalities. Letters of intent are often solicited by 

prospective contractors or may be originated by Government personnel. 

Letters of intent are not authorized by the FAR and are prohibited for 

use by Department personnel.