It would be helpful for tentative-grant approval letters to be clear about what the remaining conditions are. Unfortunately, this letter mentioned one specific condition and implied that payment would occur promptly after it was met, which could give the impression that other preconditions had been satisfied.
Like you, I have a hard time mustering any sympathy for the would-be grantee here. But I think it’s easily foreseeable that an organization might show a letter like this to a third party in order to secure action by the third party. Indeed, that may be the most likely reason for requesting a formal letter of intent. Thus, the standard letter of intent should have language that is sufficient to put the third party on notice of the risk of rejection and nonpayment.
It would be helpful for tentative-grant approval letters to be clear about what the remaining conditions are. Unfortunately, this letter mentioned one specific condition and implied that payment would occur promptly after it was met, which could give the impression that other preconditions had been satisfied.
Like you, I have a hard time mustering any sympathy for the would-be grantee here. But I think it’s easily foreseeable that an organization might show a letter like this to a third party in order to secure action by the third party. Indeed, that may be the most likely reason for requesting a formal letter of intent. Thus, the standard letter of intent should have language that is sufficient to put the third party on notice of the risk of rejection and nonpayment.
That seems right.