Teaming Agreements: Avoiding Unenforceable 'Agreements to Agree'

In the construction industry, contractors, subcontractors and designers are increasingly collaborating to pursue contracts that would be too large to tackle without a partner. The terms of these collaborations are often outlined in "teaming agreements," which must be carefully crafted to ensure that a party is not left short-changed if its partner fails to hold up its end of the contract.

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Authors

CHRIS A. RAFTERY