Document background
A Letter of Intent to Hire Equipment is commonly used in commercial settings when parties wish to formally express their intention to enter into an equipment hire arrangement while finalizing the details of the full agreement. Operating under English and Welsh law, this document typically precedes a formal hire agreement and includes essential information such as equipment specifications, proposed hire periods, commercial terms, and key conditions. While not usually legally binding in its entirety, it demonstrates commitment and can help secure financing or internal approvals. This document is particularly useful in complex equipment hire scenarios where detailed negotiations are required before finalizing the full hire agreement.
