A Letter of Intent Science is commonly used in Singapore's research and development ecosystem when parties are exploring potential scientific collaboration. This document type serves as a crucial first step before committing to a full research agreement, allowing parties to outline their intentions, basic terms, and preliminary commitments while maintaining flexibility. It typically includes project scope, resource allocation, and basic confidentiality terms, all while adhering to Singapore's scientific research regulations and institutional requirements. The LOI helps establish clear communication and understanding between parties while protecting their interests during the negotiation phase.
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Key Requirements PROMPT example:
Letter Of Intent Science
"I need a Letter of Intent Science for a collaborative research project between our biotech company and the National University of Singapore, focusing on stem cell research with a proposed budget of $2.5M and starting in March 2025."
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1. Intent Declaration: Clear statement of intention to pursue scientific research collaboration or project
2. Project Scope: Brief description of the proposed research or scientific project
3. Key Participants: Identification of main parties involved and their roles
4. Timeline: Proposed duration and key milestones
5. Resource Commitment: Preliminary outline of resources each party intends to commit
1. Confidentiality Terms: Terms regarding protection of sensitive information to be shared during discussions
2. Exclusivity Period: Duration during which parties agree not to negotiate with others
3. Preliminary Budget: Rough estimation of project costs and financial considerations
1. Project Overview: Detailed description of the proposed scientific project or research
2. Research Team Profiles: Brief CVs or credentials of key research personnel
3. Preliminary Timeline: Proposed schedule of activities and milestones
4. Facility Details: Information about research facilities to be used
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