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Development and procurement
DOI link for Development and procurement
Development and procurement book
Development and procurement
DOI link for Development and procurement
Development and procurement book
Edited ByTrevor Rushton
Edition 1st Edition
First Published 2016
Imprint Routledge
Pages 42
eBook ISBN 9781315619583
ABSTRACT
Parties involved in construction works often find that it is not commercially feasible to delay the commencement of works until a full contract has been agreed and signed. Instead, they choose to proceed on the basis of a letter of intent (or a preconstruction services agreement, as it is sometimes referred to) pending the completion of the full contract. ‘Letters of intent’ and ‘pre-construction services agreements’ are not legally defined terms, and in practice, such documents vary widely in their legal effect.