What Is A Teaming Agreement?

A Teaming Agreement is a contract between two or more entities to jointly tender for work to complete a service or other project together. 

A Teaming Agreement allows two businesses or parties to join their resources together for a specific project without having to establish another entity. 

By having a well-drafted Teaming Agreement, you can avoid disputes further down the track.

What Is Included In A Teaming Agreement?

Teaming Agreements typically address the following issues:

• Parties’ rights
• Parties’ obligations
• How payment will be shared
• Termination clauses
• Dispute resolution clauses
• Intellectual property ownership
• Confidentiality 

Need Help?

We specialise in drafting high quality contracts, and have assisted many businesses with Teaming Agreements. Don’t hesitate to contact us at team@sprintlaw.com.au or on 1800 730 617 for a free, no-obligations chat about your specific situation.

Justine Wu

Justine is a legal consultant at Sprintlaw. She has experience in civil law and human rights law with a double degree in law and media production. Justine has an interest in intellectual property and employment law.