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Consortium Agreement Construction Project
"I need a Consortium Agreement Construction Project for a major highway development in Malaysia, involving three international construction companies and two local partners, with project commencement planned for March 2025 and estimated completion within 36 months."
1. Parties: Identification of all consortium members with full corporate details
2. Background: Context of the project, formation of consortium, and basic objectives
3. Definitions and Interpretation: Detailed definitions of terms used and interpretation rules
4. Scope and Formation of Consortium: Purpose, scope, and legal structure of the consortium
5. Contributions and Financing: Financial and resource contributions from each member
6. Roles and Responsibilities: Specific duties and obligations of each consortium member
7. Project Execution: Project implementation methodology and standards
8. Governance and Management: Decision-making processes and management structure
9. Financial Provisions: Financial management, profit sharing, and accounting principles
10. Risk Allocation: Distribution of risks among consortium members
11. Representations and Warranties: Members' confirmations and guarantees
12. Liability and Indemnification: Liability framework and indemnification obligations
13. Term and Termination: Duration, renewal, and termination conditions
14. Dispute Resolution: Conflict resolution procedures and jurisdiction
15. Confidentiality: Protection of confidential information
16. General Provisions: Miscellaneous legal provisions including notices, amendments, etc.
1. Insurance: Detailed insurance requirements - include if not covered in main project contract
2. Intellectual Property Rights: IP ownership and licensing - include if project involves significant IP
3. Local Content Requirements: Malaysian local content obligations - include for government projects
4. Environmental Compliance: Environmental obligations - include for environmentally sensitive projects
5. Step-in Rights: Rights to step in if member defaults - include for critical infrastructure projects
6. Bank Guarantees: Requirements for performance guarantees - include for high-value projects
7. Force Majeure: Force majeure provisions - include if not covered in main contract
8. Anti-Corruption: Anti-corruption compliance - include for public sector projects
1. Schedule 1 - Project Details: Detailed description of the construction project
2. Schedule 2 - Consortium Members' Information: Detailed information about each member including registration and licenses
3. Schedule 3 - Financial Contributions: Breakdown of financial commitments from each member
4. Schedule 4 - Work Allocation: Detailed scope of work for each consortium member
5. Schedule 5 - Project Timeline: Project schedule and key milestones
6. Schedule 6 - Equipment and Resources: List of key equipment and resources to be provided by each member
7. Schedule 7 - Governance Procedures: Detailed procedures for consortium management
8. Schedule 8 - Form of Bank Guarantee: Template for required bank guarantees
9. Schedule 9 - Insurance Requirements: Detailed insurance specifications
10. Schedule 10 - Key Personnel: List of key personnel from each member and their roles
11. Appendix A - Power of Attorney: Authorization documents for consortium representatives
12. Appendix B - CIDB Registrations: Copies of relevant CIDB registrations and licenses
Authors
Construction
Infrastructure Development
Real Estate
Engineering
Public Works
Transportation
Energy & Utilities
Industrial Development
Commercial Development
Healthcare Infrastructure
Legal
Construction
Project Management
Finance
Operations
Commercial
Risk Management
Procurement
Compliance
Business Development
Engineering
Project Director
Construction Manager
Legal Counsel
Contract Manager
Chief Executive Officer
Chief Financial Officer
Project Manager
Risk Manager
Commercial Director
Operations Director
Technical Director
Procurement Manager
Business Development Manager
Compliance Officer
Engineering Manager
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