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Subcontractor Letter Of Intent
"I need a Subcontractor Letter of Intent for a high-rise construction project in Doha, Qatar, with early works authorization for foundation works to commence by March 2025 and including provisions for an advance payment of 10% of the preliminary contract value."
1. Letter Header: Formal business letter header including date, reference number, and proper addressing of the subcontractor
2. Project Identification: Clear identification of the project, including project name, location, and main contract reference
3. Scope Definition: Brief but clear description of the intended subcontract works
4. Commercial Terms: Key commercial terms including preliminary subcontract value and payment terms
5. Timeline: Expected commencement date, duration, and key milestone dates
6. Conditions Precedent: Conditions that need to be satisfied before proceeding with the full subcontract
7. Binding Terms: Clear statement of which terms are intended to be immediately binding
8. Validity Period: Period for which the LOI remains valid and deadline for full subcontract execution
9. Confidentiality: Basic confidentiality obligations regarding project information
10. Authorization: Signature blocks and authorization requirements
1. Early Works Authorization: Optional section authorizing specific preliminary works to commence before full subcontract execution
2. Advance Payment: Include when advance payment terms need to be specified before full subcontract execution
3. Insurance Requirements: Include when immediate insurance coverage is required for early works
4. Termination Rights: Include when specific termination provisions are needed before full subcontract execution
5. Dispute Resolution: Include when specific interim dispute resolution provisions are needed
6. Parent Company Guarantee: Include when financial security is required from parent company
7. QFC Specific Terms: Include when either party is registered in the Qatar Financial Centre
1. Schedule A - Preliminary Scope of Works: Detailed description of the intended subcontract works
2. Schedule B - Preliminary Bill of Quantities: Initial pricing breakdown and quantities
3. Schedule C - Project Timeline: Preliminary project schedule and key dates
4. Schedule D - Required Documentation: List of documents required from subcontractor for full subcontract execution
5. Appendix 1 - Site Access Requirements: Specific requirements for accessing the project site during early works
6. Appendix 2 - Key Personnel: List of key personnel to be provided by the subcontractor
7. Appendix 3 - Form of Parent Company Guarantee: Standard form for parent company guarantee if required
Authors
Construction
Infrastructure Development
Oil & Gas
Real Estate Development
Industrial Projects
Commercial Development
Healthcare Construction
Educational Facilities
Transportation Infrastructure
Energy Projects
Hospitality Development
Sports Facilities
Legal
Commercial
Contracts
Procurement
Project Management
Operations
Risk Management
Finance
Technical
Business Development
Project Director
Commercial Manager
Contracts Manager
Legal Counsel
Project Manager
Construction Manager
Procurement Manager
Risk Manager
Technical Director
Operations Director
Commercial Director
Finance Manager
Quantity Surveyor
Cost Controller
Business Development Manager
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