Examples of JV in a sentence
The bidder and the promoter company (ies) on whose strength the JV company is qualified, shall be jointly and severally liable for the execution of the contract and an undertaking to this effect shall be submitted along with the bid.
The JV shall nominate a Representative who shall have the authority to conduct all business for and on behalf of any and all the members of the JV during the Tendering process and, in the event the JV is awarded the Contract, during contract execution.
The parties acknowledge that, based on agreements reached among themselves regarding past financial contributions toward the District’s System, FSD and CCMD funded the entire initial Project construction, which includes construction of the Interceptor through the JV Ranches property.
A consistent history of awards against the Tenderer or any member of a JV may result in rejection of the tender.
A firm that is not a Tenderer or a JV member may participate as a sub-contractor in more than one Tender.