Construction Letter Of Intent Template

Disclaimer

The provided document is intended solely as a general example for contractual communication related to construction projects. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified attorney experienced in construction law and contractual agreements. Laws and regulations may vary depending on the jurisdiction, and adjustments may be necessary to ensure compliance with local requirements. The use of this example is the sole responsibility of the user, and we accept no liability for any errors, omissions, or consequences arising from its use without professional review.

This sample Construction Letter of Intent is provided for illustrative purposes only and may vary based on specific project details and legal requirements. Adjust the wording as necessary to suit your particular situation.

Construction Letter of Intent Example

Parties Involved:

Owner: ABC Developers LLC
Address: 789 Industrial Road, Cityville, ST 12345

Contractor: XYZ Construction Inc.
Address: 456 Builder Lane, Townsville, ST 12345

Project Description:

This letter pertains to the proposed development of the commercial building located at 101 Commerce Street, Cityville, including preliminary project scope, estimated timeline, and anticipated costs.

Project Timeline and Cost Estimate:

The intent is to commence work by __________________ and complete by __________________. Estimated project cost is approximately $500,000, subject to adjustments following detailed design and negotiations.

Intent and Non-Binding Agreement:

This letter serves as an expression of mutual interest and understanding and is not intended to create a legally binding commitment, except for Sections regarding confidentiality and exclusive negotiations.

Confidentiality and Exclusivity:

Both parties agree to maintain confidentiality regarding project details and to negotiate exclusively in good faith for a period of 60 days from the date of this letter.

Conditions:

• Preparation and review of detailed agreements and project plans.
• Final approval of project scope, budget, and schedule.
• Obtaining necessary permits and approvals.

Cityville, ______________________