Joint Venture Agreement For Tenders
A considerable number, perhaps most, of the consortia and joint venture organizations are created to deal with specific single projects, so it is generally necessary to recreate the management and management organizations needed for each new project. A growing number of consortium and joint venture projects also require the joint venture sponsor to take over the financial resources necessary to carry out the work. Most tenders for construction work are usually initiated by a company acting alone and competing with other similar companies, so most developers are not used to being part of a bidding team. Estimate, tender and tender for construction p. 212-226 | Cite ace.