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Letter of intent for construction: FAQs
What is a letter of intent for construction?
You use a letter of intent to precede a deal, normally a large one. So, a letter of intent for construction comes before you enter into a construction deal of some kind.
Is a letter of intent for construction legally binding?
Sort of. A letter of intent for construction doesn’t mean that you have to sign a full deal later on. It just means that you intend to.
When should I use a letter of intent for construction template?
If you’re thinking of signing any kind of construction deal, particularly a large one, you need a letter of intent for construction. It makes sure that everyone is on the same page before any kind of final contract is drawn up.
What should a letter of intent for construction look like?
Rather than looking like a more standard type of contract, a letter of intent for construction does look more like a letter. It talks about intentions, without making any commitments.
Can I create a letter of intent for construction in Oneflow?
You absolutely can! Our template is a great starting point! Try it out today for free.
Is Oneflow free?
We have a free plan that allows users to send, track and sign as many PDF contracts as possible. So if you’re happy with just signing PDF contracts, the answer is yes, it’s free. Forever.
Letter of intent for construction template
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