Common use of JOINT VENTURE OR CONSORTIUM Clause in Contracts

JOINT VENTURE OR CONSORTIUM. If the Contractor is a joint venture or a consortium of two or more legal persons, all such persons shall be jointly and severally bound to fulfil the terms of the contract. The person designated by the joint venture or consortium to act on its behalf for the purposes of this contract shall have the authority to bind the joint venture or consortium. For the purposes of performance of the contract, the joint venture or consortium shall act as, and be considered, a single person and, in particular, shall have bank account opened in its name, shall submit to the Contracting Authority single guarantees if required, and shall submit single invoices and single reports. The composition of the joint venture or a consortium shall not be altered without the prior written consent of the Contracting Authority.

Appears in 7 contracts

Samples: Framework Agreement (Services), Framework Agreement, Service Contract

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JOINT VENTURE OR CONSORTIUM. If the Contractor is a joint venture or a consortium of two or more legal persons, all such persons shall be jointly and severally bound to fulfil the terms of the contractContract. The person designated by the joint venture or consortium to act on its behalf for the purposes of this contract Contract shall have the authority to bind the joint venture or consortium. For the purposes of performance of the contractContract, the joint venture or consortium shall act as, and an be considered, a single person and, in particular, shall have bank account account(s) opened in its name, shall submit to the Contracting Authority authority single guarantees if required, and shall submit single invoices requests for payment and single reports. The composition of the joint venture or a consortium shall not be altered without the prior written consent of the Contracting Authority.

Appears in 4 contracts

Samples: Works Contract, Works Contract, General Terms and Conditions

JOINT VENTURE OR CONSORTIUM. If the Contractor is a joint venture or a consortium of two or more legal persons, all such persons shall be jointly and severally bound to fulfil the terms of the contractContract. The person designated by the joint venture or consortium to act on its behalf for the purposes of this contract Contract shall have the authority to bind the joint venture or consortium. For the purposes of performance of the contractContract, the joint venture or consortium shall act as, and can be considered, a single person and, in particular, shall have bank account account(s) opened in its name, shall submit to the Contracting Authority authority single guarantees if required, and shall submit single invoices requests for payment and single reports. The composition of the joint venture or a consortium shall not be altered without the prior written consent of the Contracting Authority.

Appears in 2 contracts

Samples: Works Contract, General Terms and Conditions for Works Contracts

JOINT VENTURE OR CONSORTIUM. If the Contractor is a joint venture or a consortium of two or more legal persons, all such persons shall be jointly and severally bound to fulfil the terms of the contract. The person designated by the joint venture or consortium to act on its behalf for the purposes of this contract shall have the authority to bind the joint venture or consortium. For the purposes of performance of the contract, the joint venture or consortium shall act as, and be considered, a single person and, and in particular, shall have bank account opened in its name, shall submit to the Contracting Authority single guarantees if required, and shall submit single invoices and single reports. The composition of the joint venture or a consortium shall not be altered without the prior written consent of the Contracting Authority.

Appears in 2 contracts

Samples: Service Contract, Service Contract

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JOINT VENTURE OR CONSORTIUM. If the Contractor is a joint venture or a consortium of two or more legal persons, all such persons shall be jointly and severally bound to fulfil fulfill the terms of the contract. The person designated by the joint venture or consortium to act on its behalf for the purposes of this contract shall have the authority to bind the joint venture or consortium. For the purposes of performance of the contract, the joint venture or consortium shall act as, and be considered, a single person and, in particular, shall have bank account opened in its name, shall submit to the Contracting Authority single guarantees if required, and shall submit single invoices and single reports. The composition of the joint venture or a consortium shall not be altered without the prior written consent of the Contracting Authority.

Appears in 1 contract

Samples: Service Contract

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