Construction Joint Venture Agreement Template

Construction joint venture agreement form free download and preview download free printable template samples in pdf word and excel formats.
Construction joint venture agreement template. A joint venture can take on any forms such as a partnership a brand new organization or even a contractual agreement. It covers the general duties the management structure the principles for joint bidding the tenders sharing work under contracts that are rewarded to the joint venture as well financial arrangements and liability issues. Joint venture agreement pdf sample. The entirety of this construction joint venture agreement shall be governed by the laws of the state of jointventure state.
If you are forming a partnership to fund a construction project you can use this joint venture agreement template. Contractual joint venture agreement in pdf. Companies often partner to start projects that are in their mutual interest. 10 1 all disputes arising out of this joint venture agreement between the venturers that is not resolvable by good faith negotiations by the same shall be filed in the division of the inc and shall be settled by arbitration under the rules of the inc.
This joint venture agreement agreement is made and entered in this insert date day of insert month 20 insert year by and between abc corporation inc a insert state of incorporation corporation with its principal place of business at insert address abc and xyz corporation inc. For larger projects you may have to create a new organization or a new corporation. This joint venture agreement shall be the sole agreement governing the formation and operation of jointventure name. The sample joint venture agreement below details an agreement between annette j luna and nicholas d entrekin annette j luna and nicholas d entrekin agree to establish a joint venture for the purpose of developing and running a chain of ice cream stores.
This joint venture agreement for construction sets out the basis on which the joint venture parties will cooperate. This new entity should come with a new identity and a set of staff members and superiors. A joint venture agreement is a contract between two parties usually companies to pool resources in an undertaking or venture that usually outlines a specific goal or timeframe. In so agreeing the parties expressly waive their right if any to a trial by.