To make letters of intent really work for you, you need a fast but fool-proof process. There are two critical stages: what you do before you send a letter of intent and what you do after. Before You Send It You should check whether the letter of intent you need to send ...
Which? (a lobbying organisation) has started a campaign to end baffling terms and conditions. They want to make it simple to know what you are signing up for. In October 2015, the Consumer Rights Act requires terms to be fair, transparent and prominent. Transparent and prominent respectively mean: expressed in ...
On alternate Thursdays, Sarah Schutte of Schutte Consulting and I are holding blab debates about various issues in construction. This debate discusses the relative merits of the two most popular standard forms in the UK Construction Industry. This blab covers: the role of collaboration ...
On alternate Thursdays, Sarah Schutte of Schutte Consulting and I are holding blab debates about various issues in construction. Our first debate discussed whether a letter of intent was better than 'no contract'. This blab covers: the requirements for a contract, the critical contents for a workable legally binding letter ...
Many people choose a construction contract not for its cost, nor for its fine words, but for their familiarity with the terms and conditions. Although one of the shorter standard forms, what if we could condense NEC... what should it say? No précis of NEC3 could omit its principal feature: the ...
There isn't one way to draft a contract or legal document, whatever you may have been told. These tips will help you create a better contract. Any Format In England/Wales, there is no specific format or style or content for most contracts. It doesn't even have to be written down. Writing is required ...
Contract strategy is just a fancy way of saying choosing the type of contract you want. There are various issues to take into account: your procurement strategy: traditional, design and build, prime cost, management contracting your payment strategy: lump sum, remeasurement, target price your risk strategy: pro-active or reactive; transfer, share or dump your ...