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Teaming Agreement (Joint Preparation of Proposals)
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Teaming Agreement (Joint Preparation of Proposals)
Over 2,600 Happy South African Businesses
R 819,50
A legal agreement between parties to collaborate on proposal preparation.
- Combines expertise and resources.
- Shares risks and expenses.
- Increases chance of success.
TEAMING AGREEMENT
(Joint Preparation of Proposals)
Summary A written Teaming Agreement may be considered if you want to collaborate with a business associate on proposals that are jointly prepared and submitted. A Teaming Contract helps set out each party’s rights and obligations, establishing boundaries on the services that each party may be required to perform.
Why do I need a Teaming Agreement? A Teaming Agreement helps to set out the terms of your relationship with your business associate, including intellectual property, confidentiality, and financial arrangements. Persons or entities who want to collaborate on the joint submission of proposals and/or the offering of their products on a combined basis to customers may consider using a written Teaming Contract. The standard terms also identify who will be the main contractor and who will be the subcontractor in the event that the proposal is successful.
What does the agreement say? The contract consists of: Definitions; Appointment; Project Specifications; Duration; Obligations; Remuneration; Relationship; Intellectual Property; Confidentiality; Implementation; Review; Operational Agreement; Breach; Force Majeure; Dispute Resolution; Domicilium; General.
What does the agreement look like? This template Teaming Agreement can be printed onto fourteen pages.
What do you need to do to use the Teaming Agreement?
- Read the template Teaming Agreement to ensure that it suits your requirements. Make changes as required.
- Ensure that all the blanks have been filled in.
- Get both parties to sign the completed contract.
Collaboration Agreements – what other documents do I need? When you’re entering into a collaboration with a business associate it is generally recommended that you get a Confidentiality Agreement signed.
Also known as: Collaboration Agreement; Collaboration Contract; Joint Proposal Submission
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