12 critical points your letter of intent should deal with

  1. Purpose of the letter clearly stated
  2. Contain unambiguous and binding instructions
  3. Issued from a person/organisation with authority
  4. Contain clearly defined scope of work
  5. Identify the required quality/specification and compliance standards
  6. Have a clear basis and mechanism for valuation and payment
  7. State any authorised expenditure limitations
  8. Commencement date, duration, and any key dates
  9. Contractual terms & conditions to apply
  10. Dispute resolution provision
  11. Termination provisions and longstop date
  12. Insurances