Transcript
LETTER OF INTENT
DATE VIA FACSIMILE AND U.S. MAIL COMPANY NAME COMPANY ADDRESS PROJECT: {INSERT PROJECT NAME} ATTENTION:
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Congratulations. Your firm has been selected as the successful bidder on the above referenced project in which Gonzales Construction is the apparent low bidder. Please consider this document as our “Letter of Intent to Issue a Contract” for your work on this project. This "Letter of Intent" is contingent upon Gonzales Construction receiving a Formal Contract and Notice to Proceed from the {INSERT OWNER}. No physical labor or order of material is to be performed until a fully executed purchase order or contract is received from your firm. Proceeding without executed authorization indicates full acceptance of all terms and conditions of purchase order or contract. We are preparing and will issue a formal Contract (Subcontract) in accordance to the {INSERT PROJECT DOCUMENTS, SPECS, ADDENDUMS ETC.}. When issued, the Subcontract shall replace this Letter of Intent. We will provide you with a sample copy of the Subcontract document upon your request or you may view the sample subcontract on our website at www.gonzalesconstruction.com/currentbids “Sample Contract and Letter of Intent” link.
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Upon receipt of an executed Subcontract from your firm Gonzales Construction shall issue a written "Notice to Proceed" directing your firm to commence work and your signature is required. No other notice shall be valid to authorize your firm to proceed, including but not limited to, verbal authorization from any Gonzales Construction employee or agent. Performance of any work or the ordering of any materials prior to receipt of an executed Subcontract from your firm by Gonzales Construction shall be considered your express acceptance of all the terms of the Subcontract. This Letter of Intent shall supersede all prior negotiations and agreements, written or verbal, between us, as well as any conflicting terms and conditions, or scope of work described in your bid document(s). Any terms or conditions in your bid document(s) in addition or differing from those referenced in this Letter of Intent shall have no effect. Please provide a Rough Schedule of Values and Rough Duration Schedule to Gonzales Construction no later than {INSERT DATE}. If for any reason, you are unable to provide any or all of the work described herein, or if you object to any of the provisions of this Letter of Intent or the Subcontract, please inform our office in writing specifying your inability or objections and the reasons therefore within (5) Five days from date of this “Letter of Intent”. If you do not so inform us by this time, you shall be deemed to have accepted this Letter of Intent and Subcontract as of such date and time. We look forward to working with you on this project. Should you have any questions or need additional information, please feel free to contact our office at (818) 758-2490 or fax any questions to (818) 996-3955. Sincerely, GONZALES CONSTRUCTION
Armand Gonzales President AG/bd
