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To:

Attention:
Reference:
Date:
DESCRIPTION:

Shams Al Salam Co. UAE-Abu Dhabi-Airport Street


Mr. Eng. Abbas M.ABDULLAH - Managing Director
CARGO VILLAGE MAIN BUILDING PROJECT
November, 9th, 2012
Tender BOQ

LETTER OF INTENT
This offer is made in partnership with the company SC LUFIN SRL - Bucharest Romania
and under the responsibility of Mr Pascal Martin representative of the Group CFEInternational.
1) We refer to your Invitation to the Tender Ref: CARGO VILLAGE BUILDINGS PROJECT.
2) By this letter we notify you regarding our capability and our experience to execute all of
activities requested by this construction project as General Leader Contractor and it is our
understanding that you will enter into the Contract on that basis subject to the resolution of any
outstanding matters between us.
3) This letter does not in any case, constitute nor shall it be construed to mean or evidence a
Contract between us and merely serves as notice of our intentions with respect to the above
designed Tender.
4) Subject of this letter is to a satisfactory conclusion of our current negotiations, we expect to be
in a position to commence preparation of Contract Documents shortly which when ready will be
forwarded to us for starting the execution.
5) In the event that no formal Contract is entered into between us neither you nor us will have
any liability to the other in respect of the subject matter of this letter.
6) Kindly acknowledge receipt of this official Letter of Intent and confirm your willingness to
enter into a Contract if you requested to do so.
7) The complete offer price is Nett for the Scope of Work envisaged in the tender listed, includes
all the necessary activities for execution according with the drawings and specifications received
from you on September 10th , 2012.

8) In consideration for the performance of execution of this project, our company request to be
contained in the Contract:
An advance payment upto 20 % from the total contract value with Counter Bank
Guarantee.
The invoicing and payment terms monthly or at half of month (15 and/or 30 of the
month), at maximum 10 days after the submission of payment situations.
A bank guarantee for the payment of the entire value of the project. Or all other
guarantee valid and recognized by banks of first rank.
9) This Official Letter of Intent is effective on 3 Months regarding the value stipulated in the offer
for main construction materials.
10) No any information concerning this Letter of Intent or in respect of any formal contract
which is to be executed between us shall be not released publicly by you without our written
approval.
11) Our both Companies agrees to keep Confidential all terms of this Official Letter of Intent, all
related Data and Information and not to disclose such terms, data and information in whole or in
part to any person.

Yours Sincerely,
For CFE International

Pascal Martin

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