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Joint Venture Agreement For Tender
"Need a Joint Venture Agreement for Tender between our construction company and a local engineering firm to bid on a major government infrastructure project in Queensland, with tender submission due March 2025; must include provisions for indigenous participation and local content requirements."
1. Parties: Identification of all joint venture parties with their full legal names and registered addresses
2. Background: Context of the joint venture formation, tender opportunity, and parties' expertise
3. Definitions and Interpretation: Defined terms, interpretation rules, and governing principles of the agreement
4. Formation of Joint Venture: Establishment of the joint venture, its purpose, and scope specifically related to the tender
5. Contributions and Ownership: Each party's contributions (financial, assets, expertise) and resulting ownership percentages
6. Management and Control: Decision-making structure, voting rights, and management procedures
7. Tender Preparation and Submission: Responsibilities and processes for tender preparation, review, and submission
8. Costs and Expenses: Allocation of tender preparation costs and joint venture expenses
9. Confidentiality and Intellectual Property: Protection of confidential information and IP rights
10. Exclusivity and Non-Competition: Restrictions on parties participating in competing tenders
11. Liability and Indemnities: Risk allocation between parties and indemnification obligations
12. Term and Termination: Duration of the agreement and circumstances for termination
13. Dispute Resolution: Procedures for resolving disputes between parties
14. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law
1. Pre-Qualification Requirements: Used when the tender process includes a pre-qualification stage requiring specific commitments
2. Bank Guarantees and Securities: Include when tender requires submission of bank guarantees or other financial securities
3. Local Content Requirements: Required for tenders with specific local content or indigenous participation requirements
4. HSE Requirements: Detailed health, safety, and environmental obligations for high-risk industry tenders
5. Parent Company Guarantees: Include when financial backing from parent companies is required
6. Subcontracting: Include when parties anticipate engaging significant subcontractors
7. Technology License: Required when specific proprietary technology will be used in tender execution
8. Insurance Requirements: Detailed insurance obligations beyond standard coverage
9. Anti-Bribery and Corruption: Enhanced compliance provisions for public sector tenders
10. Force Majeure: Detailed provisions for high-risk or long-term projects
1. Schedule 1 - Party Details: Detailed information about each party including key contacts
2. Schedule 2 - Contributions Schedule: Detailed breakdown of each party's contributions and valuation
3. Schedule 3 - Management Procedures: Detailed procedures for management committee meetings and decisions
4. Schedule 4 - Tender Requirements: Key tender requirements and compliance obligations
5. Schedule 5 - Budget and Cost Allocation: Detailed budget for tender preparation and cost sharing mechanism
6. Schedule 6 - Project Execution Plan: High-level plan for project execution if tender is successful
7. Schedule 7 - Key Personnel: List of key personnel from each party assigned to the tender
8. Appendix A - Tender Documentation: Copy of tender documents and requirements
9. Appendix B - Technical Specifications: Technical details and specifications for the tender
10. Appendix C - Forms and Templates: Standard forms required for tender submission
Authors
Construction
Infrastructure
Mining
Oil and Gas
Renewable Energy
Defense
Transportation
Telecommunications
Healthcare Infrastructure
Water and Utilities
Public Infrastructure
Technology
Manufacturing
Legal
Commercial
Business Development
Operations
Finance
Risk & Compliance
Project Management
Technical
Procurement
Business Strategy
Chief Executive Officer
Chief Legal Officer
Commercial Director
Tender Manager
Project Director
Business Development Manager
Contract Manager
Legal Counsel
Risk Manager
Finance Director
Operations Director
Technical Director
Compliance Officer
Partnership Manager
Bid Manager
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