✒️ Joint bidding agreement

About this category

A joint bidding agreement is an agreement between two or more potential bidders on a project or contract in which they agree to submit a joint bid. The agreement may cover aspects such as price, terms, and conditions of the bid. Joint bidding agreements are used in many industries, but are most common in construction and engineering.

✒️ Joint bidding agreement

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Consortia Bidding Agreement (Joint Bidding For Tender)

This is a joint bidding agreement for a project, under which the parties agree to work together and submit a tender. If the tender is successful, the performance of the contract will be divided between them, with one party acting as main contractor and the other as a sub-contractor.

What to watch out for

That the agreement complies with the requirements of the Public Contracts Regulations 2015 (PCR 2015), if the parties are bidding for a public contract

That the agreement sets out the roles and responsibilities of the parties

That the agreement sets out how the parties will work together to submit a tender

That the agreement sets out how the contract will be divided between the parties if the tender is successful

Publisher

Genie AI

Jurisdiction

England and Wales

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Associated business activities

Submit a tender

When two or more businesses are looking to bid on the same project, they may use a joint bidding agreement. This type of agreement allows the businesses to work together to submit a single bid. This can help them to win the project, as well as to save on costs.

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Legal firms who might be able to help

Note: Although we list lawyers as well as legal firms who may be able to help, this does not indicate that the listed law firms have an affiliation or partnership with Genie AI.