LETTER OF INTENT
BUSINESS ENTERPRISE PROGRAM OR VETERAN SMALL BUSINESS
Instructions: The Prime Vendor is required to submit a separate, signed Letter of Intent (LOI) from each BEP/VSB certified vendor.
LOIs must be submitted with the bid/offer and must be signed by both parties. The Prime Vendor shall not prohibit or otherwise
limit the BEP/VSB certified vendor(s) from providing subcontractor quotes to other potential bidders/vendors. Each LOI must
include the negotiated contract percentage, a detailed scope of work to be performed by each identified BEP/VSB certified vendor
and the amount of the subcontract, if known. All LOI’s shall be subject to Agency approval. Any changes involving or affecting the
identified BEP/VSB certified vendor may not be permitted without written approval of the procuring Agency.
Project Name:
Project/Solicitation Number:
Name of Prime Vendor:
BEP/VSB Compliance Contact:
Address:
City:
State:
Zip Code:
Telephone:
Fax:
Email:
Name of Certified BEP or VSB Vendor:
Address:
BEP/VSB Compliance Contact:
City:
State:
Zip Code:
Telephone:
Fax:
Email:
Type of agreement:
Services
Supplies
Both Services/Supplies
Anticipated start date of the Certified BEP/VSB Vendor: ____________________________________________________
Proposed ___ % of Contract to be performed by the BEP/VSB Vendor.
Proposed Subcontract Amount, if known $ _______________________________________________________________
NOTE: The Prime Vendor must indicate the percentage of the estimated contract award that will be subcontracted to the certified
BEP/VSB Vendor.
Detailed description of work to be performed or goods/equipment to be provided by the BEP/VSB Vendor:
The Vendor and the certified vendor above hereby agree that upon the execution of a contract for the above-named
project between the Vendor and the State of Illinois, the Certified
BEP
VSB Vendor will perform the scope of work
for the amount/percentage as indicated above.
Vendor (Company Name and D/B/A):
Certified BEP/VSB Vendor (Company Name and D/B/A):
Signature
Signature
Print Name:
Print Name:
Title:
Title:
Date:
Date:
State of Illinois
Letter of Intent v.14.1