JOINT VENTURES/PARTNERSHIPS. Should the Contractor elect to undertake Contract performance with a joint venture partner, the Contractor acknowledges that all other members of the joint venture would likely be deemed to be subcontractors and the Contractor may be liable for claims made against an uninsured joint venture partner. Contractor shall require all such joint venture partners, prior to commencement of an agreement between Contractor and the joint venture partner, to secure and keep in force during the term of the Contract, insurance policies meeting all of the insurance requirements of this Contract as specified in Appendix C: Heavy Duty Contract Documents, Number 5: Insurance Requirements.
Appears in 4 contracts
Samples: Contract Number Pc67088, Agreement, Agreement
