(Un)signed, sealed, delivered: Anchor 2020 v Midas Construction – Practical Law: Construction Blog
‘It is common practice for parties in the construction industry to undertake work under a letter of intent before the contract is formally executed. This practice ensures that design can be undertaken, materials can be procured, the site can be prepared and, ultimately, work can begin notwithstanding ongoing contractual negotiations.’
Practical Law: Construction Blog, 8th May 2019