Joint Venture or Consortium means an association of persons formed for the purpose of combining their expertise, property, capital, efforts, skill and knowledge in an activity for the execution of a contract or contracts. The Joint Venture must be formalised by agreement between the parties.
Joint Venture or Consortium means an association of persons for the purpose of combining their expertise, property, capital, efforts, skill and knowledge in an activity for the execution of a contract.
Joint Venture or Consortium means an association of persons, formalised by agreement between such persons, formed for the purpose of combining their expertise, property, capital, efforts, skill and knowledge in an activity for the execution of a contract;
Examples of Joint Venture or Consortium in a sentence
In the case of Joint Ventures and Consortia, this requirement will apply to each party to the Joint Venture or Consortium.
The same shall apply to any other entity participating in the RFP as a Joint Venture or Consortium.
In the case of a Joint Venture or Consortium, all members shall be jointly and severally liable for the execution of the Contract in accordance with the Contract terms.
The same shall apply to any other entity participating in the ITB as a Joint Venture or Consortium.
Unregistered Partnership Firm and Joint Venture or Consortium are not eligible.
More Definitions of Joint Venture or Consortium
Joint Venture or Consortium means an association of persons and / or partnership in which⇨ the senior partner is a prime contractor and the junior partner, although a person lacking skills in certain functional areas, is able, through the joint venture to participate at prime contractlevel; or⇨ all partners being prime contractors in their own right however lack the necessary resources and capacities to perform contracts individually and who elect to work in a joint venture in order topool resources of capital and experience;⇨ a target group partner holds no less than 40% of the economic and voting rights of the joint venture;
Joint Venture or Consortium means an association of two or more persons who form a temporary partnership for the purpose of procurement proceedings, but who retain their separate identities, and it does not include sub-contractors; and
Joint Venture or Consortium. : means an association of persons formed for the purpose of combining their expertise, property, capital, efforts, skill and knowledge in an activity for the execution of a contract or contracts. The Joint Venture must beformalized by agreement between the parties. 1.44 “Local Content”: means that portion of the bid price, which is not included in theimported content, provided that local manufacture does take place. 1.45 “Learner Contractor”: an entity established by the NDM and enrolled within itsExpanded Public Works Programme (EPWP) 1.46 “Locality” means a business enterprise located within the boundaries of ThembisileHani Local Municipality to score points for locality. 1.47 “Long term Contract”: means a contract with a duration period exceeding one year. 1.48 “lowest acceptable tender” means a tender that complies with all specifications andconditions of tender and that has lowest price compared to other tenders” 1.49 “Municipality”: means the municipality of the Thembisile Hani Municipali or anyperson(s) or committee delegated with the authority to act on its behalf. 1.50 “Municipal Manager”: means the Accounting Officer as defined in the MunicipalFinance Management Act. 1.51 “Municipal Asset Transfer Regulations”: means the Municipal Asset TransferRegulations published in Government Gazette 31346 of 22 August 2008. 1.52 “Municipal Entity”: means an entity as defined in the Systems Act. 1.53 “Municipal Finance Management Act” (MFMA): means the Local Government:Municipal Finance Management Act, 56 of 2003. 1.54 “Non-compliant Contributor”: means a person who does not meet the minimum scoreto qualify as a status level 8 B-BBEE Contributor, or a person who is not verified in terms of the required Sector Charter. 1.55 “Non-exempted Capital Asset”: means a municipal capital asset which is notexempted by section 14(6) or 90(6) of the MFMA, from the other provisions of that section. 1.56 “Non-firm Prices”: means all prices other than “firm” prices. 1.57 “Person”: includes a natural or legal entity. 1.58 “Policy”: means this Supply Chain Management Policy as amended from time to time. 1.59 “Preference points”: mean the points for preference referred to in this Policy. 1.60 “Preferential Procurement Policy Framework Act” (PPPFA): means thePreferential Procurement Policy Framework Act, 5 of 2000. 1.61 “Preferential Procurement Regulations” (PPR): means the regulations pertaining tothe PPPFA.
Joint Venture or Consortium. : means an association of persons/companies/close corporations/firms formed or the purpose of combining their expertise, property, capital, efforts, skill and knowledge in an
Joint Venture or Consortium means a business enterprise where two or more participants come together to share their expertise.. means an association of persons, formalised by agreement between such persons, formed for the purpose of combining their expertise, property, capital, efforts, skill and knowledge in an activity for the execution of a contract;
Joint Venture or Consortium means an association of persons and / or partnership in which the senior partner is a prime contractor and the junior partner, although a person lacking skills in certain functional areas, is able, through the joint venture to participate at prime contract level; or all partners being prime contractors in their own right however lack the necessary resources and capacities to perform contracts individually and who elect to work in a joint venture in order to pool resources of capital and experience; a target group partner holds no less than 40% of the economic and voting rights of the joint venture; “list of accredited prospective providers” means the list of accredited prospective providerswhich a municipal entity must keep in terms of paragraph 14 of this policy; “local business” means a business and / or contractor based in the Free State
Joint Venture or Consortium means an association of persons for the purpose of combining their expertise, property, capital, efforts, skill and knowledge in an activity for the execution of a contract.
10. I am aware that, in addition and without prejudice to any other remedy provided to combat any restrictive practices related to bids and contracts, bids that are suspicious will be reported to the Competition Commission for investigation and possible imposition of administrative penalties in terms of section 59 of the Competition Act No 89 of 1998 and or may be reported to the National Prosecuting Authority (NPA) for criminal investigation and or may be restricted from conducting business with the public sector for a period not exceeding ten (10) years in terms of the Prevention and Combating of Corrupt Activities Act No 12 of 2004 or any other applicable legislation. Signature Date Position Name of Bidder The purpose of this report is for the department to: Supplier relationship management Service delivery satisfaction Supplier performance rating B-BBEE Level Level 1 Level 2 Level 3 Level 4 Level 5 Level 6 Level 7 Level 8 Non-complaint B-BBEE Categories Exempted Micro Enterprise Qualifying Small Enterprise Generic/Large Enterprise State Owned Enterprise Other Enterprise Shareholding Black Empowered Black Woman Owned/Empowered Black Supplier State Owned Youth Owned/Empowered Veteran Owned/Empowered Disabled Owned/Empowered Other Field (Please tick with [X]) Goods and Services Infrastructure Lease Maintenance Engineering License Other/Specify PRASA Division/Subsidiary (Please tick with [X]) PRASA CORPORATE CRES TECHNICAL RAIL INTERSITE AUTOPAX Please rate your service (Tick with [X])
1. Conformity to scope of work
2. Compliance with the contract obligations
3. Honour delivery date 4. Accessibility of PRASA Personnel