As a valued member of a design team, geoprofessionals should play a very important role in the pursuit of projects, particularly large projects with significant potential costs associated with soil-related design issues. These pursuit relationships are often defined in Teaming Agreements or even a more formal relationship, known as a Joint Venture.
This GBA Best Practices document discusses the most common types of project-pursuit agreements identifying what you should and should not do, elements of complete Teaming Agreements and Joint Ventures with a complete sample agreement for your use.
Agreement, joint venture, risk allocation, intellectual property, prime ,exclusivity requirements, obligation, award, compensation, team leader, sub consultant agreement, team, Prime Client, Federal Acquisition Regulation, project-pursuit agreement,