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1. Date and Parties: Identification of all parties involved, including full legal names, registration numbers, and addresses
2. Project Introduction: Brief description of the proposed construction project and its location
3. Purpose of the Letter: Clear statement that this is a Letter of Intent and explanation of its purpose in the pre-contractual phase
4. Scope of Works: High-level description of the construction works being contemplated
5. Binding Terms: Explicit identification of which terms are intended to be legally binding (typically confidentiality, exclusivity, and costs)
6. Timeline: Expected timeline for negotiation of the main contract and key project milestones
7. Cost Arrangements: Preliminary agreements on costs, including who bears the costs of preliminary works and negotiations
8. Exclusivity Period: Duration during which parties agree to negotiate exclusively with each other
9. Termination Provisions: Circumstances under which the LOI can be terminated and the consequences
10. Signatures: Execution blocks for all parties
1. Preliminary Works Authorization: Authorization for specific preliminary works to commence before the main contract is signed - include when immediate start is required
2. Payment Terms for Preliminary Works: Include when preliminary works are authorized and need to be compensated
3. Third Party Arrangements: Include when other key stakeholders or contractors need to be involved in the preliminary phase
4. Conditions Precedent: Include when specific conditions must be met before proceeding to the main contract
5. Break Fee: Include when parties want to specify compensation if negotiations fail under specific circumstances
6. Governing Law and Jurisdiction: While Dutch law applies, specific jurisdiction arrangements might need to be specified for international parties
1. Preliminary Design Documents: Initial design drawings or specifications that form the basis of discussions
2. Preliminary Program: Indicative timeline for the main construction works
3. Budget Outline: Preliminary cost estimates and budget parameters
4. Key Personnel: List of key contacts and their roles from each party
5. Scope of Preliminary Works: Detailed description of any authorized preliminary works
6. Required Permits and Licenses: List of necessary permits and responsibilities for obtaining them
Real Estate
Construction
Infrastructure
Commercial Property
Residential Development
Industrial Development
Healthcare Facilities
Education Facilities
Retail Development
Hospitality
Public Sector
Energy & Utilities
Legal
Construction
Commercial
Development
Procurement
Finance
Operations
Technical
Risk Management
Project Management
Contract Administration
Construction Project Manager
Contract Manager
Legal Counsel
Development Director
Commercial Director
Chief Executive Officer
Property Developer
Construction Manager
Procurement Manager
Risk Manager
Finance Director
Technical Director
Operations Director
Project Engineer
Architect
Quantity Surveyor
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