��������Ƶ

The Construction Teaming Agreement is essential in the Philippine construction industry where complex projects require coordinated efforts from multiple specialized entities. This document is typically used when two or more construction industry participants wish to combine their expertise, resources, and capabilities to pursue and execute a specific construction project. The agreement, governed by Philippine law and regulations, including the Civil Code and CIAP requirements, outlines the framework for collaboration, including bid preparation, project execution, risk sharing, and profit distribution. It's particularly relevant for large-scale infrastructure, commercial, or industrial projects where different specialized skills and licenses are needed. The document ensures compliance with local construction regulations while protecting the interests of all participating parties through clear delineation of roles, responsibilities, and commercial terms.

1. Parties: Identification of all team members, including lead contractor and subcontractors/partners

2. Background: Context of the teaming arrangement, project overview, and purpose of the agreement

3. Definitions: Key terms used throughout the agreement including Project, Team Members, Prime Contract, Bid/Proposal

4. Purpose and Scope: Detailed description of the construction project and team objectives

5. Roles and Responsibilities: Specific duties and obligations of each team member, including lead contractor and other parties

6. Proposal Preparation and Submission: Process for developing and submitting the bid/proposal, including cost sharing and responsibilities

7. Exclusivity: Terms regarding exclusive arrangement between parties for the specific project

8. Confidentiality: Protection of proprietary information and trade secrets shared between team members

9. Term and Termination: Duration of the agreement and circumstances under which it may be terminated

10. Financial Arrangements: Cost sharing, payment terms, and profit distribution mechanisms

11. Project Management: Decision-making processes, management structure, and communication protocols

12. Insurance and Liability: Required insurance coverage and allocation of risks between parties

13. Dispute Resolution: Procedures for resolving conflicts between team members

14. Governing Law: Specification of Philippine law as governing law and jurisdiction

15. General Provisions: Standard boilerplate clauses including notices, amendments, and severability