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Letter
of
Agreement
Kate S. Magpoc
Shaira Kaye Latade
 Written list
of goods, services, or space to be
provided at the agreed-
to prices, terms and time. It
becomes a binding contract when
signed by the associated parties.
-
An agreement, in writing betwee
n two or
more individuals or entities in
which a court can
impose penalties in the event
one party attempts to negate on
his or her promise as set forth in
the signed document.
Binding Contract
Sample: Letter
of Agreement
Letters of Agreement
March 1, 2007
Mr. Steve Smithee
President
Smithee & Company
1010 Main Street
Kansas City, Missouri 64105
Dear Mr. Smithee:
The purpose of this letter of agreement is to
outline the scope of the writing services that
[FREELANCER NAME] will perform for Smithee
& Company.
Services to Be Rendered
[FREELANCER NAME] agrees to write a four-
page brochure describing the engineering
services of Smithee & Company. Information
for the brochure will be provided, on a timely
basis, through existing corporate materials as
well as through interviews with Steve Smithee
and other appropriate Smithee & Company
staff.
Smithee & Company 1) will provide all
photos, charts and other graphics to be
included in the brochure, and 2) is responsible
for printing and other production costs related
to the brochure.
Fee
Services will be performed at the rate of $60
per hour. I estimate that this project will take
between 25 and 40 hours and cost between
$1,500 and $2,400. If fewer than 25 hours are
required, Smithee & Company will be charged
only for the actual hours [FREELANCER NAME]
works on the project.
Additional Costs
The estimated fee outlined above includes a
first draft and one edit of the four-page
brochure. Hours for additional edits and/or a
longer brochure will be billed at the rate of $60
an hour.
All hours in excess of the estimated project
maximum (40 hours) listed in the Fee section
must be approved in writing by Smithee &
Company.
Timeline
[FREELANCER NAME] will deliver a
first draft of the brochure to Smithee
& Company by Wednesday, March
26. The final edited version
(including hard copy and a computer
disk in Word) will be delivered by
Monday, April 2, as long as Smithee
& Company staff members are
available on a timely basis to discuss
changes to the original.
Terms of Payment
$750 will be paid to [FREELANCER
NAME] within five days after the
signing of this letter of agreement.
Smithee & Company will be billed for
the balance at the end of the project
(tentatively April 2) and payment in
full will be due within 15 days.
Sincerely,
Freelancer Name
Freelancer Address
City, State & Zip Code
Phone Number
John Smithee
Smithee & Company
Date
Your Agreement should include information like:
the contact information of both parties;
the state whose laws will govern the agreement;
the subject and dates of any previous
negotiations;
the agreed-upon terms, including payment;
when the agreement goes into effect;
and when it will end.
With a Letter of Agreement in place, you'll know
what to expect —
and what's expected of you.
Parts of Letter of
Agreement
20 October 2000
5 Mandela Drive
Buffelsfontein
5029
Letter of Agreement
The letter of agreement
begins like most business
letters, so be sure to
include the date and the
address of the person
you’re writing to.
Subject: Letter of Agreement – LA-5907-451-PEO
Reference: South Africa Field Support 59000.07.451
Don’t worry about these long and complicated
numbers. All you need to do is include the
subject of the letter and your reference number
To make your office administration easier.
Dear Felicia
I. Scope of Work: Under this agreement with The
Futures Group International, Inc. (FUTURES),
the POLICY Project, Project Amandla shall:
Provide assistance to organisations to help them in the
administration of their small grant plan, on behalf of the
POLICY Project.
You will be expected to oversee and provide guidance
and support to the organisation in the following areas:
1. Assist the NGO to keep records of its activities.
2. Assist the NGO to compile regular reports of its activities.
3. Assist the NGO to keep financial records.
4. Identify areas that require further administrative
development within the organisation.
Scope of Work (also referred to as SOW)
describes the job in more detail and lays
out the roles and responsibilities of the
person performing the job. Here you can
describe briefly what you want from the
mentor. It’s a good idea to use bullets to
list the tasks – this way it’s easier for
everybody to see what you want them
to do.
Time period:
The programme runs over a 10-month period, from the date
the first small grant payment was made. During this period
you will be required to plan 10 to 15 days of mentoring time
engaging with the NGO as specified in Scope of Work.
State clearly how long the project will run
for – and how many days the mentor needs
to work for.
Reporting requirements:
• Furnish the POLICY Project with a bi-monthly (every two months) report
recording activities and a description of your assistance to the organization
and how this has impacted on and assisted the work of the organization.
• Maintain contact with the POLICY Project and notify the POLICY Project
of concerns that are of a serious nature and cannot be left until the
following report.
How often do you want to hear from the
mentor? Once a month? Every two months?
How many written reports do you expect from
them? Do you want to hear from the mentor in
the case of an emergency? If so, let them know
in this letter.
II. Period of Performance:
A 10-month period from the date the first small grant payment was received by the NGO.
III. Method of Payment:
A sum of RXX.XX will be paid per day in South African rand for this service.
Be sure to include how much you’ll
pay the mentor per day.
In addition, you may be reimbursed for other official costs
incurred under this letter of agreement. In order to be
reimbursed, you will need to keep an accurate record of the
following costs:
1. Mileage will be paid only for the costs of travelling
to and returning from the NGO. The POLICY Project
will reimburse you RXX.XX (phone the AA and find
out what the rate per km is) per km and will
reimburse you on receipt of the Mileage Log Sheet.
Are you going to pay the mentor’s expenses?
You need to make sure that your budget is able
to cover these costs in addition to
the salary you’re paying.
Remember that mileage costs
change and tend to go up each
year. To ensure that you’re paying
a reasonable rate, phone the AA
(Automobile Association) for
updated prices.
2. Telephone calls: The cost of telephone calls to the NGO and to the POLICY Project will
be reimbursed, and payment will be made on receipt of the Telephone Record.
We’ve provided you with a telephone record to
ensure that each mentor keeps accurate records
of who they have phoned and when
3. Accommodation may be paid for by the POLICY Project; however, it must be pre-approved and
can only be paid for following the completion and approval of the Request for Accommodation
Form.
A maximum of RXX.XX (not to exceed the equivalent of US$XX.XX) will be paid for the services and
all reimbursable items under this agreement.
It’s important to put a ceiling on the
amount of expenses you are willing
to pay.
Payment shall be made on a bi-monthly basis, upon
receipt of the required bi-monthly reports.
Please submit an invoice to the POLICY Project/South
Africa office for payment.
Write down how often mentors
will be paid.
IV. Technical Directions:
Performance of the work hereunder shall be subject to technical directions by Ms
Joyce Nhlapo, the POLICY Project/South Africa staff member.
If you have any questions, please do not hesitate to contact Ms Joyce Nhlapo at (021) 462
0380.
The POLICY Project Project Amandla
By:............................................................. By Accepted: Accepted
.............................................................................
Name: Joyce Nhlapo Name: Felicia Gasa
Title: Project Manager Title: Director
South Africa
Date: ........................................
This is the
person who will
help you with
any
administration
queries.
It’s very important to get all
official documents signed
by everyone involved. In this
case, it would be somebody
from the POLICY Project, the
mentor and perhaps
even the funder. Remember to
include the date when
the document was signed.
When do we
use this
Letter?
To start negotiations.
Sets out the terms of your
working relationship.
Used to clarify working
arrangements between two parties.
You may want to use it instead
of a more formal business
contract.
Thank you !!!

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Letter of agreement

  • 2.  Written list of goods, services, or space to be provided at the agreed- to prices, terms and time. It becomes a binding contract when signed by the associated parties.
  • 3. - An agreement, in writing betwee n two or more individuals or entities in which a court can impose penalties in the event one party attempts to negate on his or her promise as set forth in the signed document. Binding Contract
  • 5. Letters of Agreement March 1, 2007 Mr. Steve Smithee President Smithee & Company 1010 Main Street Kansas City, Missouri 64105 Dear Mr. Smithee: The purpose of this letter of agreement is to outline the scope of the writing services that [FREELANCER NAME] will perform for Smithee & Company. Services to Be Rendered [FREELANCER NAME] agrees to write a four- page brochure describing the engineering services of Smithee & Company. Information for the brochure will be provided, on a timely basis, through existing corporate materials as well as through interviews with Steve Smithee and other appropriate Smithee & Company staff. Smithee & Company 1) will provide all photos, charts and other graphics to be included in the brochure, and 2) is responsible for printing and other production costs related to the brochure. Fee Services will be performed at the rate of $60 per hour. I estimate that this project will take between 25 and 40 hours and cost between $1,500 and $2,400. If fewer than 25 hours are required, Smithee & Company will be charged only for the actual hours [FREELANCER NAME] works on the project. Additional Costs The estimated fee outlined above includes a first draft and one edit of the four-page brochure. Hours for additional edits and/or a longer brochure will be billed at the rate of $60 an hour. All hours in excess of the estimated project maximum (40 hours) listed in the Fee section must be approved in writing by Smithee & Company.
  • 6. Timeline [FREELANCER NAME] will deliver a first draft of the brochure to Smithee & Company by Wednesday, March 26. The final edited version (including hard copy and a computer disk in Word) will be delivered by Monday, April 2, as long as Smithee & Company staff members are available on a timely basis to discuss changes to the original. Terms of Payment $750 will be paid to [FREELANCER NAME] within five days after the signing of this letter of agreement. Smithee & Company will be billed for the balance at the end of the project (tentatively April 2) and payment in full will be due within 15 days. Sincerely, Freelancer Name Freelancer Address City, State & Zip Code Phone Number John Smithee Smithee & Company Date
  • 7. Your Agreement should include information like: the contact information of both parties; the state whose laws will govern the agreement; the subject and dates of any previous negotiations; the agreed-upon terms, including payment; when the agreement goes into effect; and when it will end. With a Letter of Agreement in place, you'll know what to expect — and what's expected of you.
  • 8. Parts of Letter of Agreement
  • 9. 20 October 2000 5 Mandela Drive Buffelsfontein 5029 Letter of Agreement The letter of agreement begins like most business letters, so be sure to include the date and the address of the person you’re writing to. Subject: Letter of Agreement – LA-5907-451-PEO Reference: South Africa Field Support 59000.07.451 Don’t worry about these long and complicated numbers. All you need to do is include the subject of the letter and your reference number To make your office administration easier. Dear Felicia I. Scope of Work: Under this agreement with The Futures Group International, Inc. (FUTURES), the POLICY Project, Project Amandla shall: Provide assistance to organisations to help them in the administration of their small grant plan, on behalf of the POLICY Project. You will be expected to oversee and provide guidance and support to the organisation in the following areas: 1. Assist the NGO to keep records of its activities. 2. Assist the NGO to compile regular reports of its activities. 3. Assist the NGO to keep financial records. 4. Identify areas that require further administrative development within the organisation. Scope of Work (also referred to as SOW) describes the job in more detail and lays out the roles and responsibilities of the person performing the job. Here you can describe briefly what you want from the mentor. It’s a good idea to use bullets to list the tasks – this way it’s easier for everybody to see what you want them to do.
  • 10. Time period: The programme runs over a 10-month period, from the date the first small grant payment was made. During this period you will be required to plan 10 to 15 days of mentoring time engaging with the NGO as specified in Scope of Work. State clearly how long the project will run for – and how many days the mentor needs to work for. Reporting requirements: • Furnish the POLICY Project with a bi-monthly (every two months) report recording activities and a description of your assistance to the organization and how this has impacted on and assisted the work of the organization. • Maintain contact with the POLICY Project and notify the POLICY Project of concerns that are of a serious nature and cannot be left until the following report. How often do you want to hear from the mentor? Once a month? Every two months? How many written reports do you expect from them? Do you want to hear from the mentor in the case of an emergency? If so, let them know in this letter. II. Period of Performance: A 10-month period from the date the first small grant payment was received by the NGO. III. Method of Payment: A sum of RXX.XX will be paid per day in South African rand for this service. Be sure to include how much you’ll pay the mentor per day.
  • 11. In addition, you may be reimbursed for other official costs incurred under this letter of agreement. In order to be reimbursed, you will need to keep an accurate record of the following costs: 1. Mileage will be paid only for the costs of travelling to and returning from the NGO. The POLICY Project will reimburse you RXX.XX (phone the AA and find out what the rate per km is) per km and will reimburse you on receipt of the Mileage Log Sheet. Are you going to pay the mentor’s expenses? You need to make sure that your budget is able to cover these costs in addition to the salary you’re paying. Remember that mileage costs change and tend to go up each year. To ensure that you’re paying a reasonable rate, phone the AA (Automobile Association) for updated prices. 2. Telephone calls: The cost of telephone calls to the NGO and to the POLICY Project will be reimbursed, and payment will be made on receipt of the Telephone Record. We’ve provided you with a telephone record to ensure that each mentor keeps accurate records of who they have phoned and when 3. Accommodation may be paid for by the POLICY Project; however, it must be pre-approved and can only be paid for following the completion and approval of the Request for Accommodation Form. A maximum of RXX.XX (not to exceed the equivalent of US$XX.XX) will be paid for the services and all reimbursable items under this agreement. It’s important to put a ceiling on the amount of expenses you are willing to pay.
  • 12. Payment shall be made on a bi-monthly basis, upon receipt of the required bi-monthly reports. Please submit an invoice to the POLICY Project/South Africa office for payment. Write down how often mentors will be paid. IV. Technical Directions: Performance of the work hereunder shall be subject to technical directions by Ms Joyce Nhlapo, the POLICY Project/South Africa staff member. If you have any questions, please do not hesitate to contact Ms Joyce Nhlapo at (021) 462 0380. The POLICY Project Project Amandla By:............................................................. By Accepted: Accepted ............................................................................. Name: Joyce Nhlapo Name: Felicia Gasa Title: Project Manager Title: Director South Africa Date: ........................................ This is the person who will help you with any administration queries. It’s very important to get all official documents signed by everyone involved. In this case, it would be somebody from the POLICY Project, the mentor and perhaps even the funder. Remember to include the date when the document was signed.
  • 13. When do we use this Letter?
  • 14. To start negotiations. Sets out the terms of your working relationship. Used to clarify working arrangements between two parties. You may want to use it instead of a more formal business contract.