Legal Question in Business Law in Virginia
Is a signed Letter of Understanding and Retainer Agreement for the purpose of getting information from a company desiring to do engineering, construction management, etc. considered a contract? This was to provide costs estimates, time lines, and required materials, etc. so that a proposal could be written for a future contract.
The actual proposal to do this work, if the contract was awarded was not signed.
Asked on 1/08/15, 7:41 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Without reviewing the specific language of this document in its totality, I couldn't
venture an opinion on the matter.
Answered on 1/09/15, 7:15 am
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