Document background
The Letter Of Intent To Award Construction Contract is a crucial document in Indian construction project procurement, typically issued after the completion of bid evaluation and before the execution of the final construction contract. It serves as a formal communication of the project owner's intention to engage the selected contractor while establishing preliminary obligations and expectations. This document is particularly important in large-scale construction projects in India where significant preparation and mobilization may be required before the final contract execution. It typically includes project scope, value, timeline, and key commercial terms, while clearly stating its non-binding nature regarding the main construction work. The document must comply with Indian contract law principles and construction industry regulations, often referring to specific state-level building codes and RERA requirements where applicable.
