Partnering means a form of collaborative working between partners and in contrast with traditional ‘arm’s length’ procurement and contract-management approaches, partnering is characterised by a greater degree of openness, communication, mutual trust and sharing information. There may often be a long-term relationship, which requires clear roles and responsibilities for decision making and effective performance reporting. Entering into such agreements is subject to the same rules of competition as other forms of agreement and may be an adjunct to a competitively tendered procurement.
Partnering. As part of this collaborative relationship, a cooperative management team will be developed to achieve a quality project within budget and on schedule. Collaboration is strongly encouraged in preference to formal dispute resolution and adjudication mechanisms. Collaboration in this context is intended to be mandatory, but non-binding. The identified procedures will be available for use by the Partners to resolve issues that may arise during the performance of Facility Work.
Partnering means a procedure for structured and regular exchanges between the Contracting Authority and the private partner aimed at monitoring in a consensual manner the implementation of the PPP project over its life;
Examples of Partnering in a sentence
In the event issues arise during prosecution of the work, the resolution of those issues will be processed as described below unless revised by a Project specific Partnering Agreement: The escalation process begins with the Construction Project Manager.
Unless otherwise noted in the Program Announcement (e.g., Partnering PIs), applicants should assign the role of each participant in accordance with the participant’s respective involvement in the project.
To: NPWDB Job Center Operator NPWDB Training Providers NPWDB Partnering Agencies From: NPWDB, Inc.
Informal partnering efforts require the Department and the Contractor to mutually choose a single person from among their collective staffs, or a trained facilitator to be responsible for leading all parties through the VDOT Field Guide to Partnering and any subsequent partnering efforts.
Joint or Partnering Bids/Proposals A joint bid/proposal by two or more Vendors proposing to participate jointly in performance of proposed work may be submitted.
More Definitions of Partnering
Partnering or “Teaming” is a mutual effort by all parties involved in the Project, principally the Owner, the Design Professional and the CM@Risk, to cooperate and coordinate efforts to achieve the final result intended by the Project Criteria. All involved use their expertise for the benefit of all. Partnering requires flexibility and appreciation of the positions of other parties and willingness to make compromises for the benefit of all. Owner has the exclusive right to decide whether or not to use Partnering on the Project and will indicate its decision on this during the Pre-Construction Phase.
Partnering means a relationship based on:
Partnering means an agreement between the Council and a Contractor which isAgreement” intended to govern the way in which both parties work together in the management and delivery of the Contract. The basis of the agreement would normally imply a long-term relationship based on trust and on clear mutually agreed objectives.
Partnering means any activity directed at identifying, negotiating, and concluding a commercial relationship with a Third Party to further Develop a Product in the Field for the ultimate purpose of Commercializing such Product in the Field after or in expectation of receipt of Regulatory Approval for such Product.
Partnering and similar agreements or understandings;
Partnering. REVENUES” means any and all of the following cash consideration that COMPANY or its AFFILIATES are to receive in consideration of the grant of a sublicense under the NEKTAR AL LICENSED TECHNOLOGY or grant of other commercialization rights with respect to SELECTED PRODUCT in a PARTNERING TRANSACTION: up-front payment, payment upon signing, or initial license fees or other upfront payments; license renewal, maintenance or similar payments, milestone and success payments; premiums or excess (beyond those standard or reasonable in the industry) on reimbursements of genuine and actual costs incurred by COMPANY or its AFFILIATES for past and/or future internal or external research, development, manufacturing and/or commercialization activities (including, without limitation, premiums or excess (beyond those standard or reasonable in the industry) on costs for reagents, materials, equipment, salaries, testing, clinical trials, insurance, other administration costs and any overhead reasonably attributable to such activities); PREMIUMS ON EQUITY for purchases of securities of COMPANY or its AFFILIATES; discounts from fair market value for any purchases of securities of the relevant SUBLICENSEE or its affiliated entities; and other payments in excess of reimbursement of actual costs of past and/or future internal or external research, development, manufacturing, patent prosecution and/or commercialization activities incurred by COMPANY or its AFFILIATES. For clarity, PARTNERING REVENUES shall not include consideration received (1) as royalties or similar amounts payable as a percentage of net or gross sales (other than prepaid royalties or similar amounts payable as part of the first payment that COMPANY or its AFFILIATES receive following effectiveness of the definitive agreement with respect to the PARTNERING TRANSACTION), (2) on reimbursements of genuine and actual costs incurred by COMPANY or its AFFILIATES for past and/or future internal or external research, development, manufacturing and/or commercialization activities (including, without limitation, costs for reagents, materials, equipment, salaries, testing, clinical trials, insurance, patent costs, other administration costs and any overhead reasonably attributable to such activities), (3) for purchases of securities of COMPANY or its AFFILIATES, except for PREMIUMS ON EQUITY, (4) for bona fide loans or credit, (5) for grants of rights other than rights for the SELECTED PRODUCT and (6) for a sale of substa...
Partnering. REVENUES” means any and all of the following that OSI, its AFFILIATES, or its SUBLICENSEES (other than the SUBLICENSEE paying such revenues) receive in consideration of a PARTNERING TRANSACTION (including without limitation pursuant to any agreements or contracts entered into in connection with such PARTNERING TRANSACTION): up-front or initial license fees or other payments, license renewal, maintenance or similar payments, milestone and success payments, royalties of any kind (including without limitation royalties payable as a percentage of net or gross sales or on a per unit sold basis and annual minimum royalties), any premiums or amounts in excess of fair market value on purchases of securities of EYETECH, its AFFILIATES or SUBLICENSEES (other than the paying SUBLICENSEE) or, as set forth in PARTNERING TRANSACTION documentation, premiums (beyond those standard or reasonable in the industry) over fully burdened full-time equivalent rates or other incurred expenses paid to EYETECH or its AFFILIATES as reimbursements of expenses incurred, and any discounts from fair market value for any loans or credit extended to EYETECH, its AFFILIATES or SUBLICENSEES (other than the paying SUBLICENSEE), and any discounts from fair market value for any purchases of securities of the relevant SUBLICENSEE or its affiliated entities.