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Business Consortium Agreement

Business Consortium Agreement Template for Indonesia

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Key Requirements PROMPT example:

Business Consortium Agreement

"I need a Business Consortium Agreement for a joint infrastructure development project in Jakarta between my construction company, two local Indonesian firms, and a Singapore-based technology provider, with operations starting March 2025."

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Document background
The Business Consortium Agreement serves as a fundamental legal framework for organizations seeking to collaborate on large-scale projects or ventures in Indonesia. This document is particularly crucial when multiple entities need to pool their resources, expertise, and capabilities while maintaining their separate legal identities. It's commonly used in major infrastructure projects, resource exploitation, technology development, or other complex business ventures where risk sharing and combined capabilities are essential. The agreement must comply with Indonesian legal requirements, including the Civil Code, Company Law, and investment regulations. It typically includes detailed provisions on governance structure, financial arrangements, operational procedures, and risk allocation, while addressing specific regulatory requirements for different business sectors in Indonesia.
Suggested Sections

1. Parties: Identification of all consortium members and their legal details

2. Background: Context of the consortium formation and its general objectives

3. Definitions: Definitions of key terms used throughout the agreement

4. Purpose and Scope: Detailed objectives of the consortium and scope of collaboration

5. Term and Duration: Period of the consortium agreement and renewal provisions

6. Contributions and Resources: Details of what each member will contribute (financial, assets, expertise, etc.)

7. Governance Structure: Management structure, voting rights, and decision-making processes

8. Rights and Obligations: Core responsibilities and rights of each consortium member

9. Financial Arrangements: Cost sharing, profit distribution, and financial management principles

10. Intellectual Property Rights: Ownership and usage rights of IP brought in or created during the consortium

11. Confidentiality: Protection of confidential information and trade secrets

12. Competition and Exclusivity: Non-compete provisions and exclusivity requirements

13. Liability and Indemnification: Risk allocation and liability provisions between members

14. Termination: Conditions for termination and its consequences

15. Dispute Resolution: Process for resolving disputes between consortium members

16. Governing Law: Specification of Indonesian law as governing law and jurisdiction

17. General Provisions: Standard boilerplate clauses including notices, amendments, etc.

Optional Sections

1. Insurance: Required when specific insurance coverage needs to be maintained by consortium members

2. Environmental Compliance: Necessary for consortiums operating in environmentally sensitive sectors

3. Labor and Employment: Required when the consortium will have joint employees or shared workforce

4. Foreign Investment Provisions: Needed when consortium includes foreign members

5. Technology Transfer: Important when the consortium involves significant technology sharing or development

6. Local Content Requirements: Necessary for consortiums in sectors with mandatory local content requirements

7. Anti-Corruption Compliance: Additional compliance provisions for high-risk sectors or government contracts

8. Force Majeure: Detailed force majeure provisions for high-risk or long-term projects

Suggested Schedules

1. Schedule 1 - Member Contributions: Detailed breakdown of each member's contributions

2. Schedule 2 - Project Scope: Detailed technical specifications and scope of work

3. Schedule 3 - Governance Procedures: Detailed procedures for meetings, voting, and decision-making

4. Schedule 4 - Financial Protocol: Detailed financial procedures, banking arrangements, and accounting principles

5. Schedule 5 - Key Personnel: List of key personnel from each member and their roles

6. Appendix A - Required Licenses: Copies of necessary permits and licenses

7. Appendix B - Insurance Requirements: Detailed insurance requirements and certificates

8. Appendix C - Technical Standards: Applicable technical standards and specifications

9. Appendix D - Compliance Requirements: Detailed regulatory compliance requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions

















































Clauses



















































Relevant Industries

Infrastructure Development

Construction

Energy and Resources

Oil and Gas

Mining

Manufacturing

Technology and Telecommunications

Transportation

Healthcare

Real Estate Development

Renewable Energy

Maritime and Shipping

Agriculture and Plantation

Education and Training

Relevant Teams

Legal

Corporate Affairs

Business Development

Finance

Operations

Risk Management

Compliance

Strategy

Commercial

Project Management

Investment

Corporate Secretariat

Partnership Management

Relevant Roles

Chief Executive Officer

Managing Director

Legal Director

Chief Legal Officer

Chief Financial Officer

Project Director

Business Development Director

Commercial Director

Operations Director

Risk Management Officer

Compliance Officer

Contract Manager

Corporate Secretary

Partnership Manager

Strategy Director

Investment Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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