A joint venture contract allows two or more parties to share the risk, responsibilities, and rewards of a given construction project. These relationships can be extremely beneficial as they can mitigate risk, and otherwise combine resources on a project that the venturing parties may not have been able to accomplish on their own. As an experienced construction law firm, we have the expertise necessary to draft joint venture contracts for construction projects.
Joint ventures between foreign and domestic entities add an additional layer of complexity. With globalization in full force, it is common for foreign investors to look to the United States to grow their businesses by teaming up with a domestic company whose resources and connections can be used to complete the project. Whether you are seeking a foreign investor or looking to team with domestic partners, Manion Stigger LLP can draft joint venture contracts that provide a strong framework and a clear agreement for all parties involved.