Key description
- This LOI is designed for use between an employer and a contractor to define the key terms that will govern their contractual relationship under a future construction or building agreement. Although not binding in nature, some of its provisions will be binding on both parties (e.g. confidentiality, termination, governing law etc...). This LOI is perfectly structured and suited to be governed by UK
Language
Categories
Industries
Covered clausesGeneral
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DEFINITIONS AND INTERPRETATION
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DURATION AND EFFECT OF THIS LETTER
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THE TENDER, THE WORKS AND THE BUILDING CONTRACT
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PAYMENT
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OUR LIMIT OF LIABILITY
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SUB-CONTRACTS
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INSURANCE
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COPYRIGHT
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EXTENDING THIS LETTER
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TERMINATION AND CONSEQUENCES OF TERMINATION
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ASSIGNMENT
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CONFIDENTIALITY
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DISPUTES
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THIRD PARTY RIGHTS
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ENTIRE AGREEMENT
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NOTICES
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GOVERNING LAW
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JURISDICTION
