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.
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.
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