This is a circuit board alliance agreement between a high-cost manufacturer and a low-cost manufacturer of circuit boards. The high-cost manufacturer wishes to establish a lower-cost manufacturing capability, and the low-cost manufacturer wishes to establish itself as a quality manufacturer. This document defines their working relationship.
Alabama Circuit Board Alliance Agreement Contract
Category:
State:
Multi-State
Control #:
US-TC0515
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Word;
PDF;
Rich Text
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How to fill out Circuit Board Alliance Agreement Contract?
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FAQ
What is an Alliance Agreement? An alliance agreement, also known as a joint venture agreement, is a legal agreement between parties that outlines their rights and responsibilities as they form a partnership on a new project.
Overview of alliance contracting Alliance contracts bring innovation and collaboration between the contract parties to the forefront during the procurement process where target outturn cost and performance targets are set for the joint (integrated) owner-contractor project team.
Alliancing is a co-operative form of contracting where the participants enter into a relationship (alliance) which is designed to align the commercial interests of the participants. Each participant in the alliance will share in the success or failure of the project and in decision making and risk management.
In an alliance contract both parties, contractor and client, accept a collective responsibility for risk, performance and outcome (gain-sharing / pain-sharing) and avoid a blame culture.
An alliance agreement, sometimes called a contractual joint venture agreement or a strategic alliance agreement, between two independent entities that agree to work together, without forming a jointly owned entity, to compete for and work on a project or series of projects.