Understanding Joint Venture Experience Calculation and Construction Turnover
The Procurement ClassRoom
JUNE 15, 2024
When participating in joint ventures (JVs), accurately calculating and attributing experience can be crucial. Here, we delve into common practices for JV experience attribution and offer recommendations based on project complexity. Methods for JV Experience Attribution 1. Equal Share (100% each partner): This straightforward method attributes 100% of the experience to each partner.
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