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As the waste management and recycling industry grows rapidly in response to environmental concerns, RMP look at the significant risks to local authorities, their staff and or contractors, and members of the public.
Joint Venture Risks
What is a Joint Venture?
A Joint Venture is a commercial arrangement between two or more companies to achieve a common goal. The Joint Venture will end upon completion of the project or as set out in the Joint Venture Agreement.
The companies collaborating in the Joint Venture will need to agree upon how the Joint Venture will be established. They could form a separate legal entity (private limited company) or the parties may enter into a contractual agreement for the Joint Venture (general or limited partnership).
Once the form of Joint Venture has been agreed upon this will be outlined in the Joint Venture Agreement, which will set out how risks will be shared between the parties and detail the scope of the project.
Please download to read the full resource.
How can we help you?
For more advice on how we can help lower the cost of your risk, please email contact@rmpartners.co.uk
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