The Bombay High Court, in a recent judgment in the case relating to an infrastructure project, has ruled that the issue of a letter of award results in a concluded contract between the parties. The cancellation of the letter of award by the implementing agency is arbitrary, unfair, and unreasonable and deserves to be quashed and set aside. The Court further added that the case involves enforcement of contractual obligations and an issue of enforcement of public law rights arising out of contractual obligations.