Memorandum of Intent (MOI) is a confirmation document of the intent that is a halfway to the signing of a full contract and a kind of a Letter of Intent (LOI) or Confirmation of Intent (COI). A MOI is a legal status and a fairly brief document with the principal framework of the contract and expected that a full contract will be completed. (Refer to the Memorandum of Understanding (MoU); Heads of Agreement (HoA); Letter of Intent (LOI))
Related Definitions in the Project: The Project Contract; Project Management
