4. Letters of Intent
Published Online: 14 FEB 2012
DOI: 10.1002/9781118257050.ch4
Copyright © 2012 John Wiley & Sons, Ltd
Book Title
200 Contractual Problems and their Solutions, Third Edition
Additional Information
How to Cite
Knowles, R. (2012) Letters of Intent, in 200 Contractual Problems and their Solutions, Third Edition, Wiley-Blackwell, Oxford, UK. doi: 10.1002/9781118257050.ch4
Publication History
- Published Online: 14 FEB 2012
- Published Print: 15 FEB 2012
ISBN Information
Print ISBN: 9780470658314
Online ISBN: 9781118257050
- Summary
- Chapter
Keywords:
- letters of intent;
- fast-track, methods, formal contract;
- scale of problem;
- absence of agreement;
- contractors, and letter of intent;
- contractor;
- letter of intent, for work undertaken;
- avoiding letters of intent;
- confusion, over rights of parties
Summary
This chapter contains sections titled:
Mr Justice Clarke, in the case of RTS Flexible Systems Ltd v. Molkerei Alios Muller (2010), said ‘This case is another example of the perils of proceeding with work under a letter of intent’. What did he mean?
What risk is a contractor taking if it receives a letter of intent which places a cap on expenditure, but carries out work in excess of the cap?
When work is undertaken in accordance with a letter of intent without a contract being entered into, on what basis is the contractor or subcontractor entitled to be paid for the work carried out?
Under what circumstances, if any, could a letter of intent be regarded as a concluded contract?
What are the advantages and disadvantages to an employer and contractor in work being commenced on the basis of a letter of intent?
Could an architect, engineer or project manager be negligent for recommending to an employer that a letter of intent be used?