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A Teaming agreement lets two or more companies work together on specific projects while staying independent entities. Under Danish contract law, these partnerships help organizations pool their expertise, resources, and capabilities without creating a joint venture or merger.

The agreement spells out how partners will share work, handle confidential information, and split profits - all while following Danish competition rules. It's particularly common in construction, IT, and public tender situations where companies need specialized skills to win and deliver on larger contracts. Danish courts generally enforce these agreements as long as they don't restrict fair competition.

Use a Teaming agreement when your company needs specialized skills or extra capacity to bid on large Danish public tenders or private contracts. This formal partnership works especially well for complex projects where combining expertise with another firm gives you a competitive edge - like major construction work or IT system implementations.

The agreement becomes essential before submitting joint bids, particularly when Danish procurement rules require detailed documentation of partner relationships. It helps protect both parties by clearly defining roles, responsibilities, and profit-sharing arrangements upfront. Many Danish companies also use these agreements to test potential long-term partnerships before considering more permanent arrangements.

• Basic Collaboration: Simple teaming agreements outline basic work-sharing and profit splits between Danish partners for single projects
• Multi-Party Framework: More complex agreements managing relationships between three or more companies, often used in large construction consortiums
• Public Tender Focus: Specialized versions meeting Danish public procurement requirements, with detailed responsibility matrices and compliance provisions
• Innovation Partnership: Agreements structured for R&D collaboration, protecting intellectual property while following Danish research funding rules
• Project-Specific Adaptation: Custom versions tailored to specific industry needs, like IT implementation or engineering services

• Corporate Legal Teams: Draft and review teaming agreements to ensure compliance with Danish competition law and protect company interests
• Business Development Directors: Initiate and negotiate partnership terms, identifying strategic collaboration opportunities
• Project Managers: Implement and monitor agreement terms during project execution, ensuring deliverables match commitments
• External Law Firms: Provide specialized legal advice on complex multi-party agreements and public tender requirements
• Company Directors: Sign and authorize agreements as legal representatives, taking on binding commitments for their organizations

• Project Scope: Define specific goals, timeline, and deliverables for the collaboration
• Partner Details: Gather legal names, registration numbers, and authorized signatories of all participating companies
• Resource Planning: List personnel, equipment, and expertise each party will contribute
• Financial Terms: Outline cost-sharing arrangements, profit distribution, and payment schedules
• Risk Assessment: Document liability limits, insurance requirements, and confidentiality needs
• Legal Compliance: Check Danish competition laws and tender requirements affecting your industry
• Exit Strategy: Plan termination conditions and dispute resolution procedures

• Party Information: Full legal names, addresses, and registration numbers of all participating companies
• Project Definition: Clear description of work scope, objectives, and timeline
• Contribution Terms: Detailed breakdown of each party's responsibilities, resources, and commitments
• Financial Structure: Revenue sharing, cost allocation, and payment terms
• Confidentiality Provisions: Data protection measures complying with Danish privacy laws
• Competition Compliance: Statements ensuring alignment with Danish antitrust regulations
• Dispute Resolution: Choice of Danish law, jurisdiction, and mediation procedures
• Termination Rights: Clear conditions for ending the partnership

A Teaming agreement differs significantly from a Consortium Agreement in several key ways, though both involve multiple parties working together. Understanding these differences helps you choose the right structure for your collaboration under Danish law.

• Duration and Formality: Teaming agreements are typically project-specific and temporary, while consortium agreements create more permanent, formal business structures
• Legal Entity Status: Teaming partners remain fully independent entities, whereas consortium members often form a new legal entity or joint venture
• Resource Integration: Teaming agreements involve limited resource sharing for specific tasks, while consortiums typically pool substantial resources and share broader operational control
• Risk and Liability: Teaming partners maintain separate liability for their own work, but consortium members usually share joint liability for the entire project
• Management Structure: Teaming agreements use simple coordination mechanisms, while consortiums require detailed governance structures and joint decision-making processes