The Joint Bid Agreement is a legal agreement where two or more bidders decide to place a joint bid on a particular construction project. This agreement helps to double the knowledge, skills, and performance. It can be especially beneficial if two individual contractors have separate, useful skill-sets required for the task.
In this kind of agreement, all the contractors are equally involved in the project. The document declares key working conditions, respective responsibilities of the contractors, payment, and a few other details. The Joint Bid Agreement may also be referred to as the Teaming Agreement.
We offer the Joint Bid Agreement sub-template to help you with the hassle of legal documentation. Our experts have carefully compiled this document, adding all required details, and declaring the basic elements within the text.
The Joint Bid Agreement sub-template is available for download in multiple formats for your convenience. Please note that this document has been verified and revised by a legal attorney.