Read next: Important Provisions in Construction Contracts. 1. Define the scope. You need to define what the scope of work is that you will be providing. Will it be only materials; ...

And to make this happen, they need a good construction operations team in place who is 100% responsible to estimate the work and get it done on-time and under budget.

Jon Nash of Dentons & Co offers an expert overview of letters of intent (LOIs), and explores advantages and disadvantages within the context of construction. Legal insight: Pros and cons of letters of ...