Letter of Award (LOA) vs Letter of Intent (LOI) - FULL CASE STUDY

#DubaiConstruction #Constructionlaw #ContractAdministration #Casestudy

💐Hi Alex, Thanks for your request of case study 📖 💐

In this Case Study, we are trying to answer the following questions:-

What is a Letter of Intent?

Why we issue Letter of Intent?

What are the problems associated with the Letter of Intent?

What are the Advantages and Disadvantages to an Employer and Contractor in work being commenced on the basis of a letter of intent?

Finally, Advise on a letter of intent for its use in a construction project?

During the research on the subject, I have studied many books. Some of the books are:-
Reference:-
200 Contractual Problems and Their Solutions 3rd Edition

Construction Contracts Questions-3rd Edition - David Chappell

Dictionary of Construction Terms by Simon Tolson

Building Contract Dictionary - Third Edition by David Chappell, Derek Marshall, Vincent Powell-Smith, Simon Cavender
Building Law Encyclopaedia by David Chappell, Michael Dunn, Michael Cowlin

For Example,

Question - What is a Letter of Intent?

Answer:- Letter of intent A document sent before entering into a contract from one party to another party indicating an intention to enter into a formal contract in the future. Such letters are usually sent by an employer/client or main contractor to a prospective contractor, nominated sub-contractor or suppliers.

Reference:-
Dictionary of Construction Terms by Simon Tolson/Page No:- 162
Building Contract Dictionary - Third Edition by David Chappell, Derek Marshall, Vincent Powell-Smith, Simon Cavender/Page-250-251.
Building Law Encyclopaedia by David Chappell, Michael Dunn, Michael Cowlin/ Page Number- 315 – 318

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