Saturday, August 22, 2020

Pre-Bid Joint Venture Agreement Essay Example

Pre Pre-Bid Joint Venture Agreement Essay Pre-Bid Joint Venture Agreement Essay PRE-BIDDING JOINT VENTURE AGREEMENTbetweenCompany AandCompany Bin regard ofCONSTRUCTION PROJECTTHE PRE-BIDDING JOINT VENTURE AGREEMENTThis Pre Bidding Joint Venture Agreement (â€Å"The Agreement†) went into as of this _________ day of ________________, 20___ (being the real date on which the Agreement will be marked) by and between: (A) Company A with their office at ___________ (hereinafter called â€Å"Party A†) of the one part(B) Company B with their office at _________________ (along with its replacements and appointees hereinafter called â€Å"Party B†), of the other part Both sides will be mutually alluded to as the â€Å"Parties†.WITNESSETH:Whereas the gatherings hereto want to present a joint offer to _____________(hereinafter alluded to as the Owner), for the development of ________________(herein called the Work).WHEREAS, the gatherings each thus affirm and speak to one another their capacity to give their individual portion of holding limit, ac counts, staff, gear and oversight to finish the work in the occasion they are the effective bidder and to continue and pay for any misfortunes that might be incurred;NOW THEREFORE, it is therefore concurred between the gatherings hereto as follows:1. They will mutually set up an offer to be submitted to the Owner for an agreement for the Work.2. The offer will be submitted in the names of the undersigned as joint venturers and should an agreement for said Work be acquired because of such offer, such agreement will be taken in the names of the undersigned, as joint venturers, or in such other name as might be settled upon by the undersigned with the assent and endorsement of the Owner.3. Every single commitment made by any such offer or agreement will be the joint and a few commitment of the undersigned.4. The enthusiasm of the undersigned in any such agreement, whenever got, and in the Work will be

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