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SUBCONTRACTING VS JOINT VENTURE

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Re: SUBCONTRACTING VS JOINT VENTURE

Post  Akida on Fri Nov 12, 2010 11:49 pm

Mauka,

the procuring entity can put a note on the advertisement like 'jiont venture is encouraged' but you can not request a group of tenders to jion as there will not be a parity (fairness) of tender. if you request you have to do that to all tenders not a certain group.

Akida

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Re: SUBCONTRACTING VS JOINT VENTURE

Post  mauka on Wed Sep 29, 2010 6:28 pm

akida wrote
"Joint venture is a form whereby two or more firms that are legelly registered decide to enter into agreement to execute an asignment as one company. this has to be done during tendering or proposal. sub-contracting is done after getting a job then the main contractor or client in a pre-agreed arrangement give portion or the whole work to another contractor (sub-contractor)"

Basin on joint venture`s meaning as provided by Akida, it means that a tender may be submitted by a group of tenderers. therefore, my question is wether a procuring entity may request a group of tenderers to associate themselves into a legal entity so that they may submit a joint tender?

anyone can enlight me.

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Re: SUBCONTRACTING VS JOINT VENTURE

Post  Akida on Thu Sep 23, 2010 1:23 am

Joint venture is a form whereby two or more firms that are legelly registered decide to enter into agreement to execute an asignment as one company. this has to be done during tendering or proposal. sub-contracting is done after getting a job then the main contractor or client in a pre-agreed arrangement give portion or the whole work to another contractor (sub-contractor)

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SUBCONTRACTING VS JOINT VENTURE

Post  RJM on Fri Aug 06, 2010 1:55 pm

What is the fundamental difference between Subcontracting [Subcontractor] and Joint Venture as far as procurement proceedings is concern particularly in bids/proposals evaluation.


Last edited by RJM on Wed Jun 04, 2014 4:55 pm; edited 1 time in total

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