PPR 2008 Rule 98Joint Venture Provisions

Rule 98 governs Joint Venture (JV) participation in public procurement. Two or more eligible firms may form a JV to combine technical and financial credentials to bid for a works contract that any single member could not bid for alone. The JV must execute a registered JV Agreement before bid submission, naming the lead partner and stating each partner's percentage share — the lead partner must hold at least 51% (or 50% in some tenders). The JV agreement must include joint and several liability for the contract performance, governance and decision-making rules, and a dispute resolution mechanism. Each member must individually meet basic eligibility (statutory documents, no debarment, etc.), and credentials such as similar work experience and turnover may be aggregated across members per the rules of arithmetic in the tender. After award, the JV cannot be dissolved or its composition changed without the procuring entity's written consent.