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FIDIC Model Joint Venture (Consortium) Agreement, 2nd Ed. 2017
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FIDIC has developed model forms for two types of associations between services suppliers – this Model Joint Venture Agreement and a Model Sub-Consultancy Agreement.
These two model forms of agreement are compatible with the 2017 fifth edition of FIDIC’s “Client/Consultant Model Services Agreement” (the White Book).
This model Joint Venture Agreement will allow the parties to agree, on a project-specific basis, their obligations, services and rewards within the Joint Venture created among them by the effect of this Model Joint Venture Agreement. It is not intended to create a legal entity or to be used to create a more permanent non-project specific legal association.