A letter written from one company to another accepting the risks involved with a particular project.
Tubai Builders LLC
Manchester, NH 03105
3rd December, 2016
Phone: 603 521 8974
Subject: Acceptance of risk intimated via letter ref. 1st December, 2016
Risk Assessment Department
Manchester, NH 03108
Dear Mr. Derringer,
We have received your above-referenced risk assessment letter and thank you for the intimation of the same. We accept the risks involved with the project and approve you to go ahead with the project.
We do, however, want to get risks assessed by our engineers before we agree to the revised pricings and other relevant matters regarding the undertaking.
I look forward to our firms getting together to work out the risks associated with this project as the rewards for successful completion will be astronomical. Wish you the best.