The elements of a contract can be found in the case of LMI Australasia Pty Ltd v Baulderstone Hornibrook Pty Ltd [2001] NSWSC 886, where the case was concerned with the management of a Stadium. On or about 27 June 1997, a written heads of agreement was entered into, and on 1 September 1997, the Docklands Authority announced that the Docklands Stadium Consortium Pty Ltd (“DSC”) won the bid and DSC would be responsible for the management of the stadium (He