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1. Parties: Identification of the parties involved - the potential client/employer and the engineering contractor/consultant
2. Background: Brief context of the proposed engineering project and the purpose of the LOI
3. Definitions: Key terms used throughout the LOI
4. Project Scope: High-level description of the engineering services or works to be performed
5. Duration and Timeline: Proposed period for negotiating the final agreement and preliminary project timeline
6. Commercial Terms: Preliminary agreement on key commercial aspects including estimated budget range
7. Exclusivity Period: Period during which parties agree to negotiate exclusively with each other
8. Confidentiality: Obligations regarding confidential information exchanged during negotiations
9. Good Faith Negotiations: Commitment to negotiate the final agreement in good faith
10. Non-Binding Provisions: Clear statement of which provisions are non-binding, typically all except confidentiality and exclusivity
11. Governing Law: Specification that Pakistani law governs the LOI
12. Signatures: Execution block for authorized representatives of both parties
1. Preliminary Works: Used when certain engineering activities need to start before the final agreement is signed
2. Cost Reimbursement: Include when parties agree to reimburse certain costs incurred during the LOI period
3. Break Fee: Used when parties want to include compensation if negotiations fail for specific reasons
4. Due Diligence: Include when specific due diligence activities need to be conducted during the LOI period
5. Regulatory Compliance: Used when specific Pakistani engineering regulations or permits need to be addressed early
6. Intellectual Property: Include when preliminary design work or technical information will be exchanged during negotiations
1. Preliminary Scope of Work: High-level technical description of the proposed engineering services
2. Initial Project Timeline: Preliminary schedule of key milestones and deadlines
3. Key Commercial Terms: Summary of main commercial points to be negotiated
4. Required Approvals: List of necessary regulatory and corporate approvals
5. Key Personnel: List of key engineering and management personnel involved in negotiations
Confidential Information
Commencement Date
Company
Contractor
Deliverables
Engineering Services
Exclusivity Period
Final Contract
Force Majeure
Good Industry Practice
Intellectual Property Rights
Letter of Intent
Parties
Project
Project Site
Preliminary Works
Professional Fees
Regulatory Approvals
Representatives
Scope of Work
Services
Specifications
Term
Timeline
Works
Definitions and Interpretation
Project Scope
Duration and Timeline
Commercial Terms
Exclusivity
Confidentiality
Non-Binding Nature
Good Faith Negotiations
Preliminary Works
Engineering Standards
Professional Qualifications
Regulatory Compliance
Health and Safety
Site Access
Intellectual Property
Liability and Indemnification
Insurance
Force Majeure
Dispute Resolution
Governing Law
Notices
Costs and Expenses
Assignment
Entire Agreement
Counterparts
Construction
Infrastructure Development
Energy and Power
Manufacturing
Oil and Gas
Mining
Telecommunications
Water and Wastewater
Transportation
Industrial Development
Legal
Engineering
Project Management
Commercial
Business Development
Procurement
Risk and Compliance
Technical Services
Executive Leadership
Contract Administration
Project Manager
Engineering Director
Chief Technical Officer
Contract Manager
Legal Counsel
Commercial Director
Business Development Manager
Chief Executive Officer
Engineering Manager
Procurement Manager
Technical Director
Risk Manager
Compliance Officer
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