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Letter of Authorization to Negotiate

This template is a formal letter used by a company to grant an individual or entity the authority to negotiate on its behalf for a specific business matter, such as a contract, deal, or agreement. It is used to clearly define the scope of authority and prevent misunderstandings.

Updated 17d ago
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{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Letter of Authorization to Negotiate

Letter of Authorization to Negotiate

{{company_name}} {{company_address}} Tel: {{phone}} Email: {{email}} Website: {{website}}

DATE: {{date}}

TO WHOM IT MAY CONCERN

SUBJECT: LETTER OF AUTHORIZATION TO NEGOTIATE

This letter serves to formally authorize {{authorized_person_name}}, holding national identification number {{authorized_person_id_number}}, residing at {{authorized_person_address}}, and whose contact number is {{authorized_person_phone_number}}, to negotiate on behalf of {{company_name}}, a company duly incorporated under the laws of [Country, e.g., Kenya/Nigeria/South Africa], with its registered office at {{company_address}}.

SCOPE OF AUTHORITY

{{authorized_person_name}} is hereby granted full authority to negotiate and discuss terms, conditions, and any other relevant details pertaining to {{specific_matter_of_negotiation, e.g., the potential acquisition of property located at [address]/the supply contract with [Supplier Name]/the financing agreement with [Bank Name]}}. This authorization includes, but is not limited to, proposing amendments, clarifications, and counter-offers in good faith.

LIMITATIONS OF AUTHORITY (IF ANY)

Please note that the authority granted herein is limited to negotiations only. {{authorized_person_name}} is NOT authorized to execute any final contracts, agreements, or commitments that would legally bind {{company_name}} without further express written approval from a duly authorized signatory of {{company_name}}. Any proposed final agreement must be presented to {{company_name}} for review and final endorsement.

VALIDITY

This Letter of Authorization is valid from {{start_date}} until {{end_date}}, unless revoked earlier in writing by {{company_name}}. All negotiations conducted by {{authorized_person_name}} within this period and within the defined scope shall be deemed to be conducted with the full knowledge and approval of {{company_name}}.

CONTACT INFORMATION

For any verification or further information regarding this authorization, please contact {{contact_person_at_company}} at {{contact_person_title}}, via email at {{contact_person_email}} or by phone at {{contact_person_phone_number}}.

CONFIRMATION AND ACKNOWLEDGEMENT

We trust that all parties involved will extend their full cooperation to {{authorized_person_name}} in this matter. A copy of {{authorized_person_name}}'s identification document is attached herewith for your reference.

Sincerely,

[Signature]

{{signing_person_name}}

{{signing_person_title}}

For and on behalf of {{company_name}}

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