British Steel Corp v Cleveland Bridge and Engineering Co Ltd [1984] 1 All ER 504 is an English contract law case concerning agreement.
British Steel Corp sued to recover the money, and Cleveland Bridge sought damages for the late payment.
Robert Goff J's judgment accepted that a letter of intent could amount to an executory contract, but it did not in this case due to the negotiations being ongoing.
The court considered but rejected the submission that the defendants' terms could have amounted to a standing offer that could be accepted by starting the work.
The conclusion that no contract existed meant the defendants could not recover the damages for late performance as no terms had been agreed to that extent.