What is a Joint Venture? And what does it mean for the Development and Regulatory Services (DRS) One Barnet contract?
By Barnet Unison What is a Joint Venture? A joint venture is usually a company that is part owned by the council and part by a private contractor. There are different kinds of company that can be used for a joint venture but the most common are where each party invests, i.e. takes shares in the company, or where each party guarantees the company’s liabilities up to a fixed amount. These types of company are known respectively as Company LimitedRead more