Dive summary:
- Seeing a need for partners to have a legal step between deciding to form a team for a design-build effort and winning the bid and forming a joint venture, ConsensusDOCS has devised a teaming agreement they can use.
- Like other document templates, the teaming agreement assumes that the project comes first and that the team members will be able to accommodate its needs rather than bending the project to theirs.
- The document lays out which party will be the team lead to wrangle submissions by all the members and meet deadlines and to handle negotiations if the team wins the award.
From the article:
Critical issues such as confidentiality, withdrawal from the team, and document ownership are included. ...