Companies of all sizes wanting to cooperate on major projects, whether international or domestic, require solid and balanced terms and conditions for such cooperation and it is vital that the arrangements put in place be durable, clear and equitable thereby enhancing business in general.
The new ICC Model Contract “Consortium Agreement” addresses these needs by providing a unique, balanced platform that is fair to all parties.
The model accommodates the desire of all parties for a solid unanimous decision making process, a clear allocation of participation and provision of resources, the need for swift and effective dispute resolution, and the need for complete and informed allocation of risks.
It includes a USB key which contains the full text of the model and its annexes, permitting you to easily adapt the contract to your specific case. If parties have no need to draw up a special contract of their own, they can use the entire model, which has been drafted to assure balance for both sides.
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The print version of the Model includes a USB key presenting the text of the contract in a user friendly and fully editable format, allowing you to adapt the contract to your specific needs.
If you purchase the digital version (eBook), instead of supplying a USB key we have included a link on the copyright page of the Model so you can download the word version directly and save and edit as needed.
779E ICC Model Contract - Consortium Agreement
Code ISBN : 978-92-842-0375-8 Weight : 0.4000 kgs Number of pages : 36 Publishing date : 2016 Language : English Format in cm : 21*29.7 / Paper version: USB key. EBook: link to the word version. FOREWORD
- ICC Model Consortium Agreement
- Introduction
- Main Agreement Form
- Section I: Special Conditions
- Section Ii: General Conditions
1. Article 1: Definitions and Interpretation
2. Article 2: Formation of the Consortium
3. Article 3: Participation / Allocation
4. Article 4: Organisation and Decision Making
5. Article 5: Principles of Cooperation
6. Article 6: Preparation, Submission and Acceptance Of The Offer
7. Article 7: Project Implementation
8. Article 8: Securities
9. Article 9: Insurance
10. Article 10: Financials
11. Article 11: Taxes
12. Article 12: Confidentiality
13. Article 13: Liability
14. Article 14: Insolvency And Expulsion
15. Article 15: Duration And Termination
16. Article 16: Disagreements, Dispute Resolution And Arbitration
17. Article 17: Choice of Law
18. Article 18: Miscellaneous
Annex 1: Scope of Work
Annex 2: Time Schedule
ICC’S International Contracts Series
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