Joint Venture Construction Agreement


A joint venture construction agreement is an agreement that is made between the RECRUITER and two or more than two construction service companies known as the CONSTRUCTION COMPANIES. This agreement lays down the conditions to be followed by all the parties. This agreement also focuses on the mutual relationship between the construction companies.

Sample Joint Venture Construction Agreement

This agreement is made between Philip Wills hereby known as the RECRUITER and GB services and Henry construction work hereby known as the CONSTRUCTION COMPANY.

This agreement is made effective on 30’Th Dec, 2010.

The construction work comprises all the construction work of the plot2, Hill Road, LA.

The duration of contract: 24 months from effective date.

Terms and conditions:

  1. The total amount available for the construction work shall be $2500 and shall cover the costs for all the machinery, labour, material and tools.
  2. The construction company agrees to complete the work in accordance with the laws of the state of Los Angeles. Any deviation shall lead in legal implications.
  3. The recruiter agrees to provide all the materials in time and take care of the labour convenience during the length of the agreement.
  4. The construction shall be carried out according to the plan laid by the architect.
  5. The construction shall be done with sincerity and care and should be completed in time.

Signatures:

Philip Wills                     GB Mark

Category: Construction Agreements

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