Comprehensive Joint Venture Agreement Template

R300.00

This Joint Venture Agreement (JVA) is one of the most comprehensive sample of a Joint Venture Agreement that has been completed to be used specifically for tender applications based on our experience in bid response. This sample Joint Venture Agreement template has everything you need and can be customized to meet the expectations of the bidders. We have completed the sample joint venture agreement template with sample tender information and indexed the pages which provides you with guidance on how to easily fill the document.

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What is A Joint Venture

A Joint Venture is a contractual or business arrangement in which 2 or more businesses or individuals agree to come together for purpose of executing a specific tender or contract or business undertaking with the ultimate aim of making a profit

Joint Ventures are one of the best structures used by many bidders to increase their chances of winning a tender as they are able to pool resources and technical knowledge. We now have a comprehensive sample of a Joint Venture Agreement that has been completed to be used specifically for tender applications based on our experience in bid response. This sample Joint Venture Agreement template has everything you need and can be customized to meet the expectations of the bidders. We have completed the sample joint venture agreement template with sample tender information and indexed the pages which provides you with guidance on how to easily fill the document.

This document is suitable for Unincorporated Joint Venture. This type of Joint venture is created when 2 or more businesses decide to jointly respond to a tender. They are brought together by virtue of the Joint Venture Agreement and do not need to register a separate entity. They remain individual businesses with their own identities.

Requirements a Joint Venture Agreement (JVA)

The terms and conditions of how the joint venture would operate including the individual partners’ responsibilities is usually spelled out in a Joint Venture Agreement (JVA). As a minimum, a Joint Venture Agreement should contain the following:

    1. The details of the parties to the JVA . If the parties are a company, the details of the company, registration number as well as the representatives of the different entities
    2. The responsibilities or duties , rights and obligations of each party to the JVA
    3. How the partners would finance the JV and how expenses would be managed including how profits would be shared.
    4. Specify the non-financial contribution of each members e.g staff with different roles, equipment , machinery and intellectual property contribution
    5. The purpose why the JV was established, its objectives and duration. In the case of tenders, the purpose would usually be to bid for a specific tender or project
    6. How the accounting process of the JV including invoicing and receipt of payment would be managed
    7. Access to Joint Venture records
    8. JV Confidentiality requirements
    9. Dispute resolution process

Use this sample Joint Venture Agreement Template to achieve your tender or bidding goals

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