oboloo Glossary

Contractor Letter

oboloo Glossary

Contractor Letter

A Contractor Letter is a formal notice used by a contractor or subcontractor to communicate important information about the work they are performing. It serves as an agreement between parties—from the contractor, indicating their acceptance of specific terms; to the property owner, outlining all aspects of the project. This letter should be clear and concise, and should provide full details of the project, payment methods, timelines, and any warranties that may be provided. By signing this letter, both parties agree to adhere to the details of the agreement and it also acts as an official binding contract.