Collaborative partnering arrangements are becoming an increasingly attractive option for suppliers. Such arrangements are, for example, often used to secure major public sector contracts. Bevan Brittan advises clients across a range of sectors including manufacturing, telecommunications, IT and defence on the strategic considerations associated with these and other JV arrangements.
Key issues often include risk and reward sharing mechanisms, intellectual property ownership/exploitation and project/risk management. We have been involved in transactions involving innovative contractual structures designed to incentivise performance and delivery, and to provide an attractive proposition both to procuring customers and to JV partners.