Clarifying letters of intent
Letters of intent should not be used at all unless employers and contractors want to keep lawyers in work. If you do need to use them, sign up to the full contract as soon as possible. The article needed to be much clearer on the law - it is either wrong or unclear on several aspects.
Merit argued that “no price means no contract”. This is not true especially where work has been done.
“If contracts” mentioned in the article are more properly called standing offers. Although often mentioned in relation to letters of intent they are rarely found in the cases.
Sarah Fox, via building.co.uk