Work Proposal

A Work Proposal is a compelling, comprehensive detailing of a project you plan to implement.

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If you have a project in mind that doesn’t depend solely on you, you might need to get other parties involved. This could be due to funding, resources, expertise, or maybe you want to help someone who could use a unique solution or service you offer. 

Going from project idea to signed contract is a long journey in these scenarios. Before you can see dollars in your bank account and steady work, you must draft a Work Proposal and submit it to the interested parties.

What Is a Work Proposal?

A Work Proposal is a document describing a planned project and all relevant information: scope or goal, steps, and outcome. While often mistaken for a Letter of Intent or Project Contract, a Work Proposal only indicates intent to initiate a project with specific parties. Signing off on such a document only denotes interest but not an agreement to start implementation.

Other Names for Work Proposal

Depending on your state, you may also know a Work Proposal as a:

  • Business Proposal
  • Project Proposal

Who Needs a Work Proposal?

Any business or individual who wants to implement a project must create and submit a Work Proposal to an interested party. Someone who wants to implement a specific solution for someone in need would draft this document.

In addition, private lenders, banks, and other sources may require a Work Proposal to secure funding. For example, you may need this document if you want a loan for a real estate development project, capital to start a company, etc.

Why Use 360 Legal Forms for Your Work Proposal

Customized for you, by you

Create your own documents by answering our easy-to-understand questionnaires to get exactly what you need from your Work Proposal.

Specific to Your Jurisdiction

Laws vary by location. Each document on 360 Legal Forms is customized for your state.

Fast and easy

All you need to do is fill out a simple questionnaire, print it, and sign. No printer? No worries. You and other parties can even sign online.

How to Create a Work Proposal With 360 Legal Forms

Before creating a Work Proposal, you must clearly understand what the project entails to the tiniest detail. Furthermore, it’s wise to make it as comprehensive as possible and go beyond the standard talking points. You may also use separate sections to address potential questions from the lenders or businesses that receive your Work Proposal. While you may know your business and its plans inside out, there’s a lot you can miss if you lack experience drafting these documents.

Let 360 Legal Forms help with our extensive library of attorney-vetted legal forms. The process is fast and easy. All you need to do is fill out our easy-to-understand questionnaire. Once complete, simply download your form as a PDF or Word document from your secure online account.

What Information Will I Need to Create My Work Proposal?

To create your document, please provide:

  • The Effective Date: The date the document goes into effect.
  • Company Information: Your company’s full name, address, and contact information, if applicable.
  • Summary: State the problem and how a successful project can solve it.
  • History: If applicable, outline previous projects on the same issue, whether successful or unsuccessful and how you could implement them better.
  • Requirements: Information about what you need to complete the project, from resources to schedules to commitments.
  • Solution Information: Explain how you plan to implement your unique solution to complete the project. This may include skills, management strategies, techniques, and other relevant information.
  • Authorization: List the decision-makers behind the project and any stakeholders as authorized.
  • Costs: List all costs associated with the project.
  • Term: Clarify the timeline and completion date.

You may need additional information to operate in specific industries or work with government authorities.

Work Proposal Terms

  • Executive Summary: A pitch presented before going into the details of a Work Proposal
  • Deliverables: A set of specific attributes or functions outlining the project’s success
  • Stakeholder: A party interested in the company you want to do business with or the project itself

Work Proposal Signing Requirements

You should be of sound mind whenever you sign a document, whether it’s legally binding or not. A Work Proposal doesn’t need to be signed with witnesses and then notarized. The project manager’s signature or the signature of the CEO behind the company proposing the project is enough. 

What to Do With Your Work Proposal

Once you have finished and reviewed the Work Proposal, you can send copies of it to the lenders or businesses you want to engage in a project with. If necessary, to obtain authorizations and other documentation, send it to the appropriate governing bodies.

Frequently Asked Questions

A Work Proposal indicates a business’s intent to engage in a project with another company while outlining the specifics of the proposed contract. A Letter of Intent, while similar, is a much more condensed version of the former.

A Work Proposal is an informative disclosure document outlining how you will handle a project, its benefits, and its outcome, but it isn’t legally binding. Once the project is approved and perhaps even modified, the parties involved can sign a Project Contract. That creates a legal bond and sets the terms to which everyone must adhere.

It’s advised for you to write parts of your Work Proposal since you probably know the details of the project better than anyone. However, some legal or industry-specific guidance is recommended to ensure you don’t leave out any key talking points of the proposal.

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Applicable to all 50 states
Applicable to all 50 states

Our documents are vetted by lawyers and are applicable to all 50 states.