What was intended?
13 September 2012
Although letters of intent should allow work to start on time, they can lead to disputes later on between supplier and client. Alexandra Thrower urges caution
Letters of intent are documents that are often put in place before full contract negotiations, and are used as a way of allowing work to begin with the comfort that there is a form of written agreement between the parties.
In contract negotiations, the supplier will often exert pressure for a letter of intent to be signed. This argument is often used when there...