Question: What is the difference between an LOI and a precon agreement? Group of answer choices -A LOI is a letter of intent for a GC

What is the difference between an LOI and a precon agreement? Group of answer choices

-A LOI is a letter of intent for a GC to be awarded the construction contract after fulfilling the items within the precon agreement.

-A LOI is a lack of interest for a GC to be awarded the construction contract after fulfilling the items within the precon agreement.

- A LOI is a list of items for a GC to be awarded the construction contract after fulfilling the items within the precon agreement.

-A LOI is a letter of inquiry of interest for a GC to be awarded the construction contract after fulfilling the items within the precon agreement.

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