000 01189cam a2200205 4500
001 ABS66757
008 030626n2003 000 0 eng u
035 _a(Sirsi) u122762
100 _aCunliffe, A.
245 2 _aA C Controls v BBC: the meter is running
260 _c2003
490 _aRICS Quantity Surveying and Construction Faculty Feature
_v18 June 2003 (3)
520 _aConsiders the inherent problems of using letters of intent as illustrated by "A C Controls v BBC" (TCC, 26 November 2002). Warns that the maximum sum specified in the letter of intent should be greater than the value of works carried out prior to the date of signing and reflect the amount of work to be performed under that letter. Neither should the valuation of the works be discretionary. Suggests that either payments should be valued in accordance with agreed rates attached to the letter, or that the letter makes clear that it is to be treated as a contract for a limited amount of work for a lump sum.
590 _aABS
650 _aA C CONTROLS V BBC
650 _aCONSTRUCTION DISPUTES
650 _aLETTERS OF INTENT
690 _aBUILT ENVIRONMENT-BUILDING CONTRACT FORMS
942 _n0
999 _c72937
_d72937