Model Format of Form of Consortium/Joint Venture Agreement

Model Format of Form of Consortium/Joint Venture Agreement

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Model Format of Form of Consortium/Joint Venture Agreement
Model Format of Form of Consortium/Joint Venture Agreement

FORM OF CONSORTIUM/JOINT VENTURE AGREEMENT

(ON NON-JUDICIAL STAMP PAPER OF VALUE RS.100/- TO BE PURCHASED IN ANY
ONE NAME OF CONSORTIUM/JOINT VENTURE MEMBER)

THIS Consortium/ Joint Venture agreement executed on this —————– day of ————– Two Thousand and ——————– between M/s ————————————–a company
incorporated under the laws of ——————————————— and having its registered office at ——————————————————— ( hereinafter called the “ Lead Company“ which expression shall include its successors , executors and permitted assigns), M/s ———————————————————a company incorporated under the laws of ———————————— and having its registered office at ——————————- (hereinafter called the
Constituent company which expression shall include its successors, executors and permitted assigns) and M/s ———————————- a company incorporated under the laws of ———————————————————— and having its registered office at ———————————————(hereinafter called the “Member” which expression shall include its successors, executors and permitted assigns) for the purpose of making a bid and entering into a contract” (in case of award) against the Specification No. CE/NCES/OT No.1/2012-13 “ for the establishment of Solar Power Plant and to sell solar power to the TANGEDCO” having its registered office at NPKRR Maaligai, 144, Anna Salai, Chennai- 600 002, Tamil Nadu (hereinafter called the
“Owner”). The leader of the consortium/joint venture shall abide by the general terms and conditions specified by the purchaser.
WHEREAS the Owner invited bids as per the above mentioned Specification No. CE/NCES/OT No.1/2012-13 for the Procurement of Solar Power from Developers establishing Solar Power Plants of 1 MW or above capacity in the State of Tamil Nadu at the rate to be finalized through competitive bidding stipulated in the bidding documents. AND WHEREAS Clause 1.7 (Bid Qualification Requirement), forming part of the bidding documents, stipulates that a consortium / joint venture of firms meeting BQR requirement, applicable may bid, provided the consortium/ Joint Venture fulfills all other requirements of Specification and in such a case, the BID shall be signed by the members so as to legally bind the members and who will be jointly and severally liable to perform the Contract and all obligations here under….

Note: This is just the part of the agreement. To get it drafted completely by legal experts, kindly contact the expert team of Aapka Consultant by clicking here

 

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