Looking for an unincorporated joint venture or consortium agreement? Our Neutral Form agreement ensures a fair partnership between JV leader and participants, providing services to a client in a specific jurisdiction for a single project.
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The Joint Venture / Consortium Agreement to Provide Service is a document that establishes a joint venture between two parties, referred to as the JV Leader and Participant 1. The purpose of this joint venture is to provide the required services for a specific project. The agreement includes a detailed interpretation section that defines key terms used throughout the document. It also outlines the responsibilities and obligations of each party, as well as the procedures for proposal submission, performance of the work, language requirements, exclusivity, executive authority, document management, personnel, assignment and third parties, dispute resolution, notices and service, liability, insurance, financial administration and accounting, guarantees and bonds, and duration of the agreement. The agreement also includes provisions for the handling of defaulting participants, termination of the agreement, and indemnification. The document concludes with a jurisdiction clause, entire agreement clause, amendment clause, and a provision stating that no rights of third parties are granted under this agreement.
To use the Joint Venture / Consortium Agreement to Provide Service, follow these steps:
1. Establish the Joint Venture: Enter into the agreement with the other party, designating one party as the JV Leader and the other as Participant 1.
2. Interpretation: Familiarize yourself with the definitions and interpretations section of the agreement to understand the meaning of key terms used throughout the document.
3. Proposal Submission: Work together with the other party to prepare and submit a joint proposal to the client. The JV Leader will coordinate the preparation and submission process.
4. Performance of the Work: Ensure that the services are carried out in accordance with the terms and conditions of the services agreement and the Joint Venture Agreement. Each participant is responsible for fulfilling their obligations as outlined in Schedule 3.
5. Language: All communication and documentation related to the agreement should be in English.
6. Exclusivity: Both parties should refrain from engaging in any activities related to the project outside of the joint venture, unless otherwise agreed.
7. Executive Authority: The JV Leader will take the lead in managing the joint venture's affairs and will appoint a Services Manager to oversee the performance of the work.
8. Document Management: All documents produced by the joint venture should bear the name of the joint venture. Documents submitted to the client should be signed by the Services Manager.
9. Personnel: Each participant should assign a sufficient number of employees to the project to ensure compliance with the agreement. Participants may also engage sub-consultants with the approval of the client and the other participants.
10. Assignment and Third Parties: Participants are not allowed to sell, assign, or transfer any rights or interests under the agreement without the consent of the other participants. The agreement is exclusively for the benefit of the participants and does not confer any rights to third parties.
11. Dispute Resolution: In the event of a dispute, the participants should use reasonable endeavors to reach an agreement on the liabilities to be borne by each party. If an agreement cannot be reached, arbitration may be necessary.
12. Notices and Service: Any notices required under the agreement should be in writing and served by email, hand delivery, or registered post. Changes to contact information should be promptly communicated to the other party.
13. Entire Agreement: This agreement supersedes any previous agreements or understandings between the parties and sets out the entire agreement and understanding between them.
14. Amendment: Any variations to the agreement must be in writing and signed by all parties.
15. No Rights of Third Parties: Only the parties to this agreement have the right to enforce its terms; no rights are granted to third parties.