Northamptonshire County Council
Northamptonshire County Council Joint Venture for Project Citrus
No value published
This is a contract result notice, not an open opportunity. Details from the official award data.
Northamptonshire County Council (the ‘Authority’) wishes to appoint the Provider as a Joint Venture Partner, in order that it may provide the portal.
This portal will have 3 key functions: Information; Advice; E-marketplace.
This Joint Venture Agreement (JVA) is expected to be open ended with a minimum commitment of 5 years.
It shall be a condition of the JVA that the Partners shall deliver the portal through a joint venture vehicle owned by both Partners.
The portal shall be delivered through a special purpose vehicle joint venture company (JVCO).
JVCO will be a private company limited by shares for profit.
JVCO will own the portal.
The relationship between the Partners within the JVCO shall be governed by a Joint Venture Shareholders Agreement (JVSA) following the incorporation of JVCO.
The operating costs of the joint venture will be in the order of 12 000 000 GBP (60 % Provider; 40 % the Authority) across its 1st 5 years.
What the notice asks for
This Joint Venture Agreement (JVA) is expected
This Joint Venture Agreement (JVA) is expected to be open ended with a minimum commitment of 5 years.
It shall be a condition of
It shall be a condition of the JVA that the Partners shall deliver the portal through a joint venture vehicle owned by both Partners.
The portal shall be delivered through
The portal shall be delivered through a special purpose vehicle joint venture company (JVCO).
The relationship between the Partners within
The relationship between the Partners within the JVCO shall be governed by a Joint Venture Shareholders Agreement (JVSA) following the incorporation of JVCO.
Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.
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- OCID
- 8a314ea0-c669-4ebd-b15c-4ff61e1cfab8
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- LGSS001-DN127917-81396968
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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