Joint Venture or Consortium definition

Joint Venture or Consortium. : means an association of persons/companies/close corporations/firms 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, 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 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

  • The same shall apply to any other entity participating in the RFP as a Joint Venture or Consortium.

  • The same shall apply to any other entity participating in the ITB as a Joint Venture or Consortium.

  • No Company, and no Subsidiary, Joint Venture or Consortium of a Company is in material default in the payment or performance of any Performance Guaranty.

  • Garden Route Region - All members of the Joint Venture or Consortium must reside in Garden Route to be able to claim preference points.

  • In no event shall Issuer or Issuer’s Affiliates be liable to any Loan Party, Company, Joint Venture, or Consortium for any indirect, consequential, incidental, punitive, exemplary or special damages or expenses (including without limitation attorneys’ fees), or for any damages resulting from any change in the value of any property relating to a Letter of Credit.


More Definitions of Joint Venture or Consortium

Joint Venture or Consortium means an association of persons and / or partnership in which
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 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
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 managementService delivery satisfaction  Supplier performance rating B-BBEE Level  Level 1Level 2Level 3Level 4Level 5Level 6Level 7  Level 8  Non-complaint B-BBEE Categories  Exempted Micro EnterpriseQualifying 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
Joint Venture or Consortium means an association of two or more persons to engage in 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/companies/close corporations/firms formed or the purpose of combining their expertise, property, capital, efforts, skill and knowledge in an