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Builder Joint Venture Agreement

Builder Joint Venture Agreement Template for England and Wales

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Key Requirements PROMPT example:

Builder Joint Venture Agreement

"I need a Builder Joint Venture Agreement for a partnership between my construction company and a specialist foundation contractor to jointly develop a large residential project in Manchester, with work starting in March 2025 and an estimated project value of £15 million."

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Document background
The Builder Joint Venture Agreement is essential when construction companies wish to combine their expertise, resources, and capabilities for specific projects or ongoing collaboration. This document, governed by English and Welsh law, provides a framework for sharing risks, responsibilities, and rewards while maintaining separate legal identities. It typically includes provisions for capital contributions, profit distribution, management structure, dispute resolution, and project execution protocols. The agreement is particularly useful for large-scale construction projects where multiple builders need to pool their resources and expertise.
Suggested Sections

1. Parties: Identification and details of the joint venture partners

2. Background: Context of the joint venture and purpose of the agreement

3. Definitions: Key terms used throughout the agreement

4. Joint Venture Structure: Legal structure, ownership, and control arrangements

5. Capital Contributions: Initial and ongoing financial commitments

6. Management and Control: Decision-making processes and governance structure

7. Profit Sharing: Distribution of profits and losses

8. Construction Operations: Specific provisions relating to construction activities and project management

9. Health and Safety: Compliance with H&S regulations and risk management procedures

10. Term and Termination: Duration and circumstances for ending the joint venture

11. General Provisions: Standard boilerplate clauses including governing law, notices, and entire agreement

Optional Sections

1. Non-Competition: Restrictions on competing activities, typically used when partners operate in similar markets

2. Intellectual Property Rights: Ownership and use of IP, included when JV involves development of new technology or methods

3. Employee Transfers: TUPE and staffing arrangements, required when existing employees will transfer to the JV

4. Environmental Compliance: Specific environmental obligations and procedures, included for projects with significant environmental impact

5. Dispute Resolution: Detailed procedures for resolving disputes, included when partners want specific resolution mechanisms

Suggested Schedules

1. Schedule 1 - Business Plan: Detailed operational and financial projections

2. Schedule 2 - Asset Schedule: List of assets contributed by each partner

3. Schedule 3 - Project Schedule: Timeline and milestones for construction projects

4. Schedule 4 - Insurance Requirements: Required insurance policies and coverage levels

5. Schedule 5 - Management Structure: Organizational chart and key personnel

6. Schedule 6 - Construction Standards: Technical specifications and quality standards

7. Schedule 7 - Form of Collateral Warranties: Standard forms of collateral warranties to be provided

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions

























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Relevant Industries
Relevant Teams
Relevant Roles
Industries

Companies Act 2006: Primary legislation governing company formation, structure, and governance, particularly relevant for joint venture entity formation if creating a separate company

Partnership Act 1890: Applicable if the joint venture is structured as a partnership rather than a company

Construction Act 1996: Housing Grants, Construction and Regeneration Act covering payment provisions, adjudication rights, and construction contracts requirements

Health and Safety at Work Act 1974: Covers safety obligations and risk management requirements in the workplace

Building Act 1984: Primary legislation governing building works and standards in England and Wales

Building Regulations 2010: Detailed technical requirements for construction works

Construction (Design and Management) Regulations 2015: CDM Regulations governing safety and management of construction projects

Party Wall Act 1996: Legislation governing works affecting party walls and adjacent properties

Employment Rights Act 1996: Core employment legislation protecting workers' rights

Working Time Regulations 1998: Regulations governing working hours and conditions

TUPE Regulations 2006: Transfer of Undertakings Protection of Employment Regulations protecting employees during business transfers

Unfair Contract Terms Act 1977: Legislation controlling unfair terms in contracts

Consumer Rights Act 2015: Protection for consumers in contracts, relevant if dealing with consumer clients

Environmental Protection Act 1990: Primary environmental legislation affecting construction works

Corporation Tax Act 2010: Tax legislation governing corporate entities

Value Added Tax Act 1994: VAT legislation relevant to construction services and materials

Construction Industry Scheme: Special tax regulations for the construction industry

UK GDPR: Data protection regulation governing personal data processing

Data Protection Act 2018: UK's implementation of data protection requirements

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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