Sample Letter of Intent for a Construction Contract

When it comes to securing a construction contract, one of the most important steps in the process is writing a letter of intent. This document serves as a preliminary agreement between the contractor and client, outlining key terms and conditions that will govern the upcoming project. Not only does a letter of intent help to establish a strong working relationship between the two parties, but it also provides vital legal protection during the construction process.

If you`re in the construction business and looking to draft a letter of intent for a new project, here`s a sample template to get you started:

[Your Company Letterhead]

[Date]

[Client Name and Address]

Dear [Client name],

Re: Letter of Intent for [Project name]

We are pleased to submit this Letter of Intent (LOI) for the [Project name], which is an exciting opportunity for our company to work with you. As a reputable and experienced construction contractor, we look forward to bringing our expertise and resources to this project.

Please allow this letter to serve as a preliminary agreement between our parties. Our intention is to enter into a formal contract for this project, which will be based on the terms and conditions outlined in this LOI.

Scope of Work

The scope of work for this project will include [insert detailed description of services to be provided]. We will utilize our team of highly skilled professionals, along with specialized equipment and materials, to complete the work in a timely and efficient manner.

Schedule and Timeline

We understand that timely completion of the project is critical for your business, and we commit to working within the agreed-upon schedule. Our proposed timeline for the project is as follows:

[Insert detailed timeline, including key milestones and deadlines]

Cost and Payment Terms

The total cost for the project is estimated to be [insert amount]. This includes all the services listed in the scope of work, as well as any additional costs that may arise during the project.

Payment terms will be as follows:

[Insert detailed payment schedule, including any deposit requirements and milestones]

Confidentiality and Non-Disclosure

We understand that confidentiality is important to your business, and we commit to keeping all information related to this project confidential. We will not disclose any project details or information to any third party without your express written consent.

Closing

We are excited about the opportunity to work with you on this project and look forward to hearing back from you soon. Should you have any questions or require further information, please feel free to contact us at any time.

Sincerely,

[Your name and position]

[Your company name]