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From the contractor’s perspective, if the JV partners want to spread risk, they will…
On the contrary, if the JV partners want to share risk, they will rather form an…
The risks to be spread or shared may typically be technical risk or financial risk…
For such risk spreading / sharing to work, there need to be clear contractual allocations…
From the owner’s perspective, the risk factors are essentially the same as the “positive”…
