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Letter Of Intent Engineering
"I need a Letter of Intent Engineering for a renewable energy project in Scotland, where we need to start preliminary design work by March 2025 while the main contract is being finalized, with a specific focus on protecting our intellectual property rights during the interim period."
1. Identification of Parties: Full legal names and addresses of both the issuing and receiving parties
2. Project Details: Specific description of the engineering project, including location and basic scope
3. Intended Scope of Work: Clear outline of the engineering services to be provided
4. Duration: Timeframe for which the LOI is valid and expected project timeline
5. Commercial Terms: Preliminary agreement on fees, payment terms, and any cost limitations
1. Confidentiality Provisions: Additional provisions for when sensitive information will be exchanged during preliminary work
2. Intellectual Property Rights: Provisions regarding ownership of designs and innovations when design work or innovative solutions are part of the preliminary scope
3. Break Fees: Compensation provisions if the project doesn't proceed to full contract, used when significant preliminary work is required
4. Resource Allocation: Specific personnel or resources to be committed, used when specific expertise or equipment needs to be reserved
1. Preliminary Project Schedule: High-level timeline of key milestones and deliverables
2. Initial Scope Drawings: Basic engineering drawings or sketches defining the project scope
3. Rate Card: Schedule of rates for different types of engineering services
4. Key Personnel CVs: Resumes of key team members proposed for the project
Authors
Commencement Date
Completion Date
Confidential Information
Contract Price
Deliverables
Design Documents
Engineering Services
Force Majeure
Intellectual Property Rights
Key Personnel
LOI Period
Main Contract
Project
Project Site
Project Manager
Project Schedule
Scope of Works
Services
Specifications
Technical Documents
Term
Working Day
Works
Duration
Payment Terms
Preliminary Works
Confidentiality
Intellectual Property
Liability
Insurance
Termination
Force Majeure
Health and Safety
Resource Allocation
Project Management
Variations
Warranties
Site Access
Documentation
Quality Assurance
Dispute Resolution
Governing Law
Assignment
Notices
Break Fees
Third Party Rights
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