Joint venture contract, partnership contract or cooperation contract. The parties to an unregistered joint venture will fulfil and fulfil their respective roles, obligations and obligations under the Joint Undertaking, in accordance with the terms agreed in the Agreement. In summary, if you have your pre-qualification criteria and project financing in your pocket, go to a consortium to spread the risk and get cheap value for money. A consortium is easy to form and easy to execute. Since each party has its own role in the joint venture, it is essential for the joint venture agreement to define the rights, obligations and obligations of each party to the joint venture. Those clauses in a joint venture agreement should be fully elaborated and cover all the rights, obligations and obligations of each party. . . .