Joint Venture or Consortium definition

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, 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

• 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 contract level; or⇨ all partners being prime contractors in their own right however lack the necessary resources and capacities toperform 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;

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 and/or partnership in which –

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 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

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 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. SIGNATURE DATE POSITION NAME OF BIDDER LIST OF RETURNABLES Completion of the returnable SBD FORM as listed forms below is mandatory and failure to do so will render the bid invalid. These forms must be completed in full on the original and must be signed. RETURNABLES DOCUMENTATION LIST OF ANNEXURES Please Tick () in box below SIGNATURE DATE POSITION NAME OF BIDDER