The provision in the agreement based on Article 8 of the construction joint venture agreement stating, ``However, even if there is a change or decrease in the contents of the contract with the client for the construction work, the proportion of the members' investment will not change.'' Type A. *Joint venture operating rules: When using a joint venture, each ordering organization must establish standards for operating the joint venture (joint venture operating standards) in accordance with the "Joint Venture Operating Rules." Joint Venture System (JV) What is the Joint Venture System (JV)? About the immediate handling of joint ventures in restoration and reconstruction construction work (revised October 10, 2012) << Previous page Next page >>
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In light of the fact that some local governments are already utilizing the reconstruction JV system on their own, the JV regulations will be revised to position ``recovery/reconstruction construction joint ventures'' as a new type of JV, so that they can be used appropriately.
