5/3/2023 0 Comments Mou templateLong rounds of discussions and negotiations can get bogged down in “he said, she said” if they are not officially documented. Try to provide as much background as you can about the two parties and their reason for collaborating.īenefits of a memorandum of understanding It should also mention the date and the intent of the document. The MOU needs to introduce the two (or more) parties involved in the agreement. Here are the most important sections of this template and what they mean: Introduction and background Whether you are explaining your intentions or outlining the conditions of a transaction, a memorandum of understanding template can come in handy without binding either party to a legal agreement. Contents of a memorandum of understanding template It's also signed to indicate that the parties agree with the contents of the document. These documents show mutual acceptance, consideration, and the intention to enter into a legal agreement.Īlso known as a memorandum of agreement or letter of intent, an MOU is usually drawn up between people, organizations, or governments. However, they will also often be drawn up during business dealings that involve a lot of risk or/and money, such as mergers or acquisitions.Ī memorandum of understanding template can be used for major contracts that are in the planning stages. Memorandum of understanding (MOU) documents are most commonly inked during international treaty negotiations. Why do you need a memorandum of understanding template? This is where the memorandum of understanding template comes in. Once you start negotiations and reach an understanding, you need to demonstrate a willingness to commit to the agreement in question and show intent to move ahead. While it is not legally binding, this document broadly defines the agreement that you wish to undertake along with the mutually accepted expectations. Please note that any changes to the standard MOU template will require the clearance from the Director of Supply Division prior to signature.įor further information on UNICEF Procurement Services, please contact us.A memorandum of understanding template is required when at least two parties want to formalize an agreement.Once approved, a signed copy will be returned to the partner for their records.Submit both original signed copies to the UNICEF Country Office Representative or directly to UNICEF Procurement Services for approval and subsequent signature.Print out two copies of the contract and sign both.If you represent an NGO, please remember to enter a short description of your organization on page two of the MOU in the section naming the parties. Replace all the grey-shaded fields throughout the document with the correct information.Review the MOU, making sure the correct template is being used.The standard text is available in English, French and Spanish. The MOU outlines UNICEF Procurement Services processes and sets out the Terms and Conditions for individual transactions. A MOU is a legal document which sets the terms, conditions and operational rules applying to a contract. To be valid, the relationship between UNICEF and a Procurement services partner must be governed by a Memorandum of Understanding (MOU).
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