Hawaii Circuit Board Alliance Agreement Contract

State:
Multi-State
Control #:
US-TC0515
Format:
Word; 
PDF; 
Rich Text
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Description

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.

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FAQ

The underlying premise of a traditional contract is adversarial in that each party seeks its own best commercial interests. 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.

Project alliancing is a delivery method aimed at creating mutually beneficial relationships between all involved parties.

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.

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. Alliance Agreement | Practical Law - Thomson Reuters thomsonreuters.com ? ... thomsonreuters.com ? ...

Alliance agreements allow separate entities to join together on a specific project while protecting their other ventures from liability. Alliance agreements cover terms like each parties' obligations in the partnership, guarantees, collateral, and consequences of expiration or termination of the contract.

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Hawaii Circuit Board Alliance Agreement Contract