0% found this document useful (0 votes)
2K views

Construction Letter of Intent Template

This letter of intent outlines the proposed terms for construction services between a client and contractor. It specifies that the contractor will provide construction services at a specified location, and that the client will pay either a set rate per job, hourly rate, or as determined in the definitive agreement. The letter states that a definitive agreement will later formally govern the relationship and services between the parties.

Uploaded by

zuhdee98
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
2K views

Construction Letter of Intent Template

This letter of intent outlines the proposed terms for construction services between a client and contractor. It specifies that the contractor will provide construction services at a specified location, and that the client will pay either a set rate per job, hourly rate, or as determined in the definitive agreement. The letter states that a definitive agreement will later formally govern the relationship and services between the parties.

Uploaded by

zuhdee98
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

CONSTRUCTION LETTER OF INTENT

[MM/DD/YYYY]

[SENDER NAME]
[SENDER STREET ADDRESS]
[SENDER CITY, STATE, ZIP]

[RECIPIENT NAME]
[RECIPIENT STREET ADDRESS]
[RECIPIENT CITY, STATE, ZIP]

RE: [LETTER SUBJECT]

This Letter of Intent (the “Letter”) sets forth the proposed terms and conditions of the
Services described hereunder and shall govern the relationship between the Client and
Contractor (the “Parties”) until replaced by a definitive, formal agreement addressing the
same services and subject matter (the “Definitive Agreement”). The Services
considered in this Letter and in the Definitive Agreement are subject in all respects to
the following:

1. THE CLIENT. [CLIENT NAME] (the “Client”) with a mailing address of


[CLIENT MAILING ADDRESS].

2. THE CONTRACTOR. [CONTRACTOR NAME] (the “Contractor”) with a mailing


address of [CONTRACTOR MAILING ADDRESS].

3. THE SERVICES. Unless otherwise agreed to by the Parties, the Contractor agrees
to provide the following services:

[DESCRIBE SERVICES TO BE PERFORMED]

(the “Services”).

4. LOCATION. The primary location for Services performed by the Contractor shall be:

[LOCATION ADDRESS AND DETAILS]

(the “Location”).

Page 1 of 2
5. PAYMENT. In consideration for the Services provided, the Client agrees to pay the
Contractor in the following manner: (check one)

- Per Job. $[RATE] for the completion of the Services.


- Per Hour. $[RATE] / hour.
- As Stated in the Definitive Agreement. The payment amount will be
determined in the Definitive Agreement between the Contractor and Client.
- Other. [OTHER PAYMENT].

6. PAYMENT METHOD. The Contractor shall be paid, in accordance with Section 5, in


the following manner: (check one)

- Every week month quarter, beginning on [MM/DD/YYYY].


- Upon completion of the Services performed.
- Upon the Client receiving an invoice from the Contractor.
- Other: [OTHER METHOD].

7. START AND END DATE. The Contractor shall start providing the Services on
[MM/DD/YYYY], and the Services shall be completed: (check one)

- By [MM/DD/YYYY].
- In a reasonable time period in accordance with industry standards.
- Other: [OTHER COMPLETION REQUIREMENT].

8. INTENTION OF THE PARTIES. This Letter sets forth the intentions of the Parties to
use reasonable efforts to negotiate, in good faith, a Definitive Agreement with
respect to all matters herein. Notwithstanding paragraphs 8 through 10, which shall
be legally binding, any legal obligations with respect to all other matters shall only
arise if and when the Parties execute and deliver a Definitive Agreement.

9. GOVERNING LAW. This Letter shall be governed under the laws of the State of
[STATE NAME].

10. SIGNATURES.

Client Signature: ___________________________ Date: [MM/DD/YYYY]

Print Name: [CLIENT PRINTED NAME]

Contractor Signature: ___________________________ Date: [MM/DD/YYYY]

Print Name: [CONTRACTOR PRINTED NAME]

Page 2 of 2

You might also like