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AIA - C801 JOINT VENTURE AGREEMENT FOR PROFESSIONAL SERVICES, 1993 Item #: C801 Author: AIA Publisher: AIA Format: Forms Your Price: $10.00 In Stock |
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C801 is for use by two or more parties to provide for their mutual rights and obligations. The parties may be all architects, all engineers, a combination of architects and engineers, or another combination of professionals. The document provides a choice between two methods of joint venture operation. The "Division of Compensation" method assumes that services provided and the compensation received will be divided among the parties in the proportions agreed to at the outset of the project. Each party's profitability is then dependent on individual performance of pre-assigned tasks and is not directly tied to that of the other parties. The "Division of Profit and Loss" method is based on each party performing work and billing the joint venture at cost plus a nominal amount for overhead. The ultimate profit or loss of the joint venture is thus divided between the parties at completion of the project, based on their respective interests, 1993. AIA Documents are Non-Returnable Please note that in order to preserve document authenticity, AIA does not offer downloadable forms. Construction Book Express will ship original paper AIA documents only AIA Contract Documents® and the content therein are copyrighted works owned by American Institute of Architects. AIA Contract Documents® are protected by U.S. Copyright Law and International Treaties. Unauthorized reproduction, display or distribution of an AIA Contract Document, or any portion of it, may result in severe civil and criminal penalties, and will be prosecuted to the maximum extent possible under the law. AIA Contract Documents® are licensed for one time use only and may not be reproduced prior to its completion. “AIA”, ”The American Institute of Architects” and the AIA emblem are registered trademarks owned by the American Institute of Architects. |
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