Joint ventures for construction lawyers

Choosing the joint venture vehicle

Parties wishing to enter into a joint venture may:

  1. establish a separate limited company of which each party is a shareholder (a corporate joint venture)

  2. establish a legal entity other than a company (eg a limited liability partnership or European Economic Interest Grouping)

  3. establish a partnership or limited partnership

  4. set out all the details of their joint venture relationship in a contract (a contractual or commercial joint venture)

The choice of joint venture vehicle will depend on the individual circumstances of the parties. See Practice Note: Setting up a joint venture—choice of structure.

Preliminary considerations

Once the parties have decided to use a limited company for their joint

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Construction weekly highlights—24 July 2025

This week's edition of Construction weekly highlights includes the Court of Appeal (CoAs)’s decision in relation to NHBC Buildmark Choice policies confirming that the cause of action accrues when the insured party ‘has to pay more’ to complete the building work as a result of contractor insolvency (National House Building Council v Peabody Trust), Construction Leadership Council (CLC) guidance on Building Control Approval Applications for new higher-risk buildings, Ministry of Housing, Communities and Local Government (MHCLG) guidance on the Building Safety Levy, MHCLG’s announcement of legal deadlines for landlords to remediate unsafe cladding in social housing, a Royal Institution of Chartered Surveyors (RICS) consultation on it updated cladding valuation standard, a British Standards Institution (BSI) consultation on a new code of practice for bringing safe construction products to the market, a Technology and Construction Court (TCC) decision enforcing an adjudicator’s decision to award the responding party in the adjudication the notified sum (VMA Services v Project One), a CoA decision providing guidance on "costs directly incurred" in a waste management project agreement (Buckinghamshire Council v FCC Buckinghamshire Ltd), an update on the status of the Planning and Infrastructure Bill together with updated guidance from MHCLG on the same, the National Infrastructure and Service Transformation Authority (NISTA)’s interactive Infrastructure Pipeline tool, and publication of the Welsh Government’s circular on updated building control profession standards and codes.

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