An Engineering Letter of Intent is commonly used when there is a need to commence engineering works urgently while detailed contract terms are still being negotiated. This document type is particularly relevant under English and Welsh law where formal contracts may take considerable time to finalize. The Letter Of Intent Engineering provides a legally binding framework that includes essential terms such as scope, duration, payment terms, and key deliverables, while protecting both parties' interests during the interim period. It's particularly valuable in time-sensitive projects where early engineering input is crucial for project success.
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1. Identification of Parties: Full legal names and addresses of both the issuing and receiving parties
2. Project Details: Specific description of the engineering project, including location and basic scope
3. Intended Scope of Work: Clear outline of the engineering services to be provided
4. Duration: Timeframe for which the LOI is valid and expected project timeline
5. Commercial Terms: Preliminary agreement on fees, payment terms, and any cost limitations
1. Confidentiality Provisions: Additional provisions for when sensitive information will be exchanged during preliminary work
2. Intellectual Property Rights: Provisions regarding ownership of designs and innovations when design work or innovative solutions are part of the preliminary scope
3. Break Fees: Compensation provisions if the project doesn't proceed to full contract, used when significant preliminary work is required
4. Resource Allocation: Specific personnel or resources to be committed, used when specific expertise or equipment needs to be reserved
1. Preliminary Project Schedule: High-level timeline of key milestones and deliverables
2. Initial Scope Drawings: Basic engineering drawings or sketches defining the project scope
3. Rate Card: Schedule of rates for different types of engineering services
4. Key Personnel CVs: Resumes of key team members proposed for the project
Relevant legal definitions
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