Common use of Joint Venture, Consortium or Association Clause in Contracts

Joint Venture, Consortium or Association. If the Proposer is a group of legal entities that will form or have formed a joint venture, consortium or association at the time of the submission of the Proposal, they shall confirm in their Proposal that : (i) they have designated one party to act as a lead entity, duly vested with authority to legally bind the members of the joint venture jointly and severally, and this shall be duly evidenced by a duly notarized Agreement among the legal entities, which shall be submitted along with the Proposal; and (ii) if they are awarded the contract, the contract shall be entered into, by and between UNDP and the designated lead entity, who shall be acting for and on behalf of all the member entities comprising the joint venture. After the Proposal has been submitted to UNDP, the lead entity identified to represent the joint venture shall not be altered without the prior written consent of UNDP. Furthermore, neither the lead entity nor the member entities of the joint venture can:

Joint Venture, Consortium or Association. If the Proposer Bidder is a group of legal entities that will form or have formed a joint ventureJoint Venture (JV), consortium or association at the time of the submission of the ProposalBid, they shall confirm in their Proposal Bid that : (i) they have designated one party to act as a lead entityLead Entity, duly vested with authority to legally bind the members of the joint venture Joint Venture jointly and severally, and this shall be duly evidenced by a duly notarized Agreement among the legal entities, which shall be submitted along with the ProposalBid; and (ii) if they are awarded the contract, the contract shall be entered into, by and between UNDP and the designated lead entityLead Entity, who shall be acting for and on behalf of all entities that comprise the member entities comprising the joint ventureJoint Venture. After the Proposal bid has been submitted to UNDP, the lead entity Lead Entity identified to represent the joint venture Joint Venture shall not be altered without the prior written consent of UNDP. Furthermore, neither the lead entity Lead Entity nor the member entities of the joint venture Joint Venture can:

Joint Venture, Consortium or Association. If the Proposer Bidder is a group of legal entities that will form or have formed a joint venture, consortium or association at the time of the submission of the ProposalBid, they shall confirm in their Proposal Bid that : (i) they have designated one party to act as a lead entity, duly vested with authority to legally bind the members of the joint venture jointly and severally, and this shall be duly evidenced by a duly notarized Agreement among the legal entities, which shall be submitted along with the ProposalBid; and (ii) if they are awarded the contract, the contract shall be entered into, by and between UNDP and the designated lead entity, who shall be acting for and on behalf of all the member entities comprising that comprise the joint venture. After the Proposal bid has been submitted to UNDP, the lead entity identified to represent the joint venture shall not be altered without the prior written consent of UNDP. Furthermore, neither the lead entity nor the member entities of the joint venture can:

Joint Venture, Consortium or Association. If the Proposer is a group of legal entities that will form or formor have formed a joint venture, consortium or association at the time of the submission of the Proposal, they shall confirm in their Proposal that : (i) they have designated one party to act as a lead entity, duly vested with authority to legally bind the members of the joint venture jointly and jointlyand severally, and this shall thisshall be duly evidenced by a duly notarized Agreement among the legal entities, which shall be submitted along with the Proposal; and (ii) if they are awarded the contract, the contract shall be entered into, by and between UNDP and the designated lead entity, who shall be acting for and on behalf of all the member entities comprising the joint venture. After the Proposal has been submitted to UNDP, the lead entity identified to represent the joint venture shall not be altered without the prior written consent of UNDP. Furthermore, neither the lead entity nor the member entities of the joint venture can: