Joint risks and rewards
Series: Construction News ; (6906) 3 March 2005, 28(1)Publication details: 2005Subject(s): Summary: A growing number of contractors are entering into joint ventures where two or more parties come together to undertake a specific project or a series of projects. There are three important documents here, the Articles of Association, the shareholder's agreement and the ancillary agreement. There is always a need for clear roles, with provisions made for dealing with problems such as non-realisation of income or profit and agreements must also provide for remedies in the event that one of the parties in the agreement does not perform.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS68796 (Browse shelf(Opens below)) | 1 | Available | 129085-1001 |
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A growing number of contractors are entering into joint ventures where two or more parties come together to undertake a specific project or a series of projects. There are three important documents here, the Articles of Association, the shareholder's agreement and the ancillary agreement. There is always a need for clear roles, with provisions made for dealing with problems such as non-realisation of income or profit and agreements must also provide for remedies in the event that one of the parties in the agreement does not perform.