@Geoclasm: Part of the usual norms and procedures used in every big company, it WILL go to legalese.
PHB is crying because that is so elegant and well done that even he can understand it. Is a thing of beauty and he will participate in destroying it.
@miluap that makes sense but what doesn't make sense to me is why do it? I mean I get several of the engineer-sided jokes like the one a few days ago about the project having weak code and needing to be rewritten (in the middle of something similar myself), and skipping out on conference calls, but this one is completely over my head.
@Geoclasm With a short clear proposal there is no confusion about what each side wants and every loves and trusts each other. But if you make the short proposal into a long complicated contract, you risk confusing both sides until both sides hate and mistrusts each other.
(Although a lot of what's in legal contracts are really necessary :)