Cian BrennanFounder, Quantum Contract Solutions · Founder

You cannot enforce what was never binding.

Name: You cannot enforce what was never binding.
Uploaded: 2026-01-16T04:00:22+00:00
Duration: 35 s
Channel: Cian Brennan
Description: Letters of intent in construction are non-binding and worthless. If a project gets cancelled, you lose money with nothing to show for it. Use signed…

16 Jan 2026 · 1 min

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Letters of intent in construction are non-binding and worthless. If a project gets cancelled, you lose money with nothing to show for it. Use signed contracts or purchase orders instead.

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A letter of intent in construction is practically worthless. Here's why you should be cautious. Letters of intent versus signed contracts. Letters of intent, non-binding, often lead to financial losses if the project is canceled. Signed contracts are legally binding, provide security, clarity, and reduce financial risk. Successful companies rely on signed contracts or purchase orders before making any investment, ensuring financial protection and stability. In contrast, relying on letters of intent can lead to significant financial risks. Never solely rely on a letter of intent. Get solid commitments in writing to protect your business.