Joint Venture Agreement

Typical example

* 2008 Our ref: *

Dear *

QUOTATION

RE: Joint Venture *

Further to our telephone discussion I have pleasure in providing the following quotation:-

Scope of work

To supply engineering support.

Deliverables

As required.

AM CAD Solutions Requirements

Work specification to be sent by email.

Anticipated time plan.

Signed and dated Terms and Conditions to be returned before any work can be undertaken.

Price & Timing Daily Rate

These are based on 180 hours/month:-

On-site at *: CAD workstation (1 off) £850 per month

Technical support £350 per day

Design engineer £4,500 per month

On-site at AM CAD Solutions: Man and machine £33 per hour

Project management £25 per hour

Data transfer £20 per part

Terms & Conditions

The terms and conditions as defined by AM CAD Solutions are applicable for the duration of the joint venture agreement. By signing, dating and returning the terms and conditions you thereby agree to be bound by them together with any specifics as laid down in our quotation. The joint venture works cannot commence until the signed and dated Terms and Conditions are received at this office.

Terms

This quotation is valid for 30 days from the date of issue.

All prices quoted are exclusive of works and VAT and our terms request payment within 30 days from the date the invoice is submitted to you.

If you require any further information please do not hesitate to contact me.

Yours sincerely

Mike Barbeary

AM CAD Solutions Ltd

Now please read the Terms and Conditions