Letters of intent are commonly used within the construction and engineering sector, but the term “letter of intent” does not have a specific legal meaning.
Typically, though, it describes a letter given by an employer to a contractor to carry out certain works before a formal contract is entered into. The legal effect of a letter of intent depends on its form and content but the conduct of the parties can also be a determining factor.
In this 30-minute webinar, our experts will consider:
- What is a letter of intent, why is it needed and when should it be used?
- What are the primary features of a letter of intent?
- What happens when the formal contract is entered into or is never entered into?
- Avoiding the pitfalls and getting it right
- Top tips to take away