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Letters of Intent

The Dangers of Letters Of Intent!

Letters of intent are useful for making an early start on a project, but what about your contractual relationship? What if things don’t go according to plan?

Unless they are carefully worded, they can leave you the Specialist Sub-Contractor at serious financial risk!

A Specialist Sub-Contractor who goes out and makes binding commitments for materials, labour, or design etc., in reliance on a letter of intent may or may not be able to get paid for that expenditure.

Read this guide now to avoid putting yourself at serious financial risk!

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