Category: Contracts

What’s in a name? An Irish letter of intent

When discussing letters of intent, this blog has so far focused almost exclusively on the current (dire) examples in use in the UK construction industry. These are mostly a mish mash of types of contract, cobbled together and sent with fingers firmly crossed behind the sender’s back. After talks on

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A random collection of printers letters. By Amador Loureiro via Unsplash.
Sarah Fox

A to Z of letters of intent

Collected at last, links to my LinkedIn posts on letters of intent A How Can You Accept a Letter of Intent What is the legal equivalent of ‘hell yes’? B What to Do Before Sending A Letter of Intent Searching questions to check a letter of intent is the right

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Which is better: letter of intent or contract?

This statement perfectly explains why letters of intent are meant to be temporary: The execution of a contract is to be seen not as a mere aspiration but rather as fundamental. It is the contract that defines the rights, duties and remedies of the parties and that regulates their relationships.

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What’s your response to increasing risk?

What is the long-term impact of transferring all the risk on a construction project to the contractor? In April 2016, defects found in 17 schools in Edinburgh resulted in those schools being closed to pupils. Like design and build, construction management and other procurement strategies, the Private Finance Initiative schemes

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An image from the NBS National Contracts and Law Survey 2018 showing the typical stage at which most of the respondents' contracts were signed: 65% before construction, 32% after construction but before completion, 1% after completion and 2% never signed.
Sarah Fox

Get it signed

Do we hate paperwork so much that we are prepared to start multi-million pound construction projects without a contract? The data The NBS Contracts and Law Survey 2018 (like its predecessors) highlights that roughly 1/3 of projects start without a proper contract being finalised. Like the 2015 survey it found:

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What is your purpose for your letter of intent?

The main problem for writers of letters of intent is that they don’t ask why the parties are using a letter of intent. You may not need a letter of intent at all. What’s your purpose? Is the purpose of your letter to … award the contract for the works

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How can we improve T&C?

The UK government needed your help. They wanted to know your bugbears about T&C, as well as your ideas for improvement. Although legislation (the Consumer Rights Act 2015) requires T&C to be fair and transparent, the law only allows consumers to challenge those that aren’t. It does not provide direct

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Which is better: letter of intent or no contract?

Sarah Schutte of Schutte Consulting joined me at a blab debate and discussed whether a letter of intent was better than ‘no contract’. We covered: the requirements for a contract, the critical contents for a workable legally binding letter of intent why bother with a contract, how a letter of

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