Create a bespoke document in minutes,聽or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Teaming agreement
I need a teaming agreement for a collaboration between two companies to jointly pursue a government contract in the technology sector. The agreement should outline roles and responsibilities, confidentiality terms, and a profit-sharing arrangement, with a focus on ensuring compliance with Canadian regulations.
What is a Teaming agreement?
A Teaming agreement lets two or more companies work together on specific projects while staying independent. It spells out how partners will share work, resources, and profits when pursuing contracts or business opportunities, especially in Canadian government procurement or large commercial projects.
These agreements protect each company's interests by clearly defining roles, confidentiality rules, and what happens if the partnership ends. Unlike joint ventures, teaming agreements are usually temporary and focused on single projects. They're particularly common in construction, defense contracting, and technology sectors across Canada.
When should you use a Teaming agreement?
Use a Teaming agreement when your company needs specialized expertise or additional resources to compete for large contracts, especially in Canadian government bids. These agreements become essential when partnering with other businesses to pursue opportunities that exceed your individual capabilities, like major infrastructure projects or complex technical solutions.
The timing is crucial - put a Teaming agreement in place before starting any joint proposal work or sharing sensitive information. This protects your interests if the partnership dissolves and prevents disputes about roles, responsibilities, and profit sharing. It's particularly valuable when bidding on time-sensitive opportunities or working with new partners.
What are the different types of Teaming agreement?
- Basic Teaming agreements focus on single-project collaborations, outlining resource sharing and profit splits
- Exclusive agreements prevent partners from working with competitors on specific opportunities
- Prime/subcontractor arrangements define clear hierarchies for government contracting
- Multi-party agreements coordinate complex projects involving three or more companies
- Industry-specific versions address unique requirements in construction, defense, or technology sectors
Who should typically use a Teaming agreement?
- Lead Companies: Organizations with prime contractor status who initiate partnerships to pursue large contracts or government bids
- Partner Organizations: Firms bringing specialized expertise, resources, or capabilities to complement the lead company
- Corporate Legal Teams: Draft and review agreements to protect company interests and ensure compliance with Canadian competition laws
- Business Development Teams: Identify partnership opportunities and negotiate initial terms
- Project Managers: Implement and monitor teaming arrangements throughout project execution
How do you write a Teaming agreement?
- Project Scope: Define the specific opportunity, contract, or project the team will pursue together
- Partner Details: Gather legal names, addresses, and authorized signatories of all participating companies
- Role Definition: Document each partner's responsibilities, resource commitments, and expertise contributions
- Financial Terms: Outline profit sharing, cost allocation, and payment schedules
- Timeline Planning: Set clear milestones, partnership duration, and exit conditions
- Confidentiality Needs: Identify sensitive information that requires protection during collaboration
What should be included in a Teaming agreement?
- Identification Section: Full legal names and addresses of all participating parties
- Purpose Statement: Clear description of the project scope and collaboration objectives
- Role Definition: Detailed breakdown of each party's responsibilities and contributions
- Exclusivity Terms: Rules about working with competitors during the agreement period
- Confidentiality Provisions: Protection of shared proprietary information
- Financial Terms: Profit sharing, cost allocation, and payment structures
- Termination Clauses: Conditions and procedures for ending the partnership
- Dispute Resolution: Process for handling disagreements under Canadian law
What's the difference between a Teaming agreement and a Collaboration Agreement?
A Teaming agreement differs significantly from a Collaboration Agreement in several key aspects, though both involve multiple parties working together. Understanding these differences helps you choose the right framework for your business relationship.
- Project Scope: Teaming agreements typically focus on pursuing specific contracts or opportunities, while Collaboration agreements cover broader, ongoing partnerships across multiple projects
- Duration: Teaming agreements are usually temporary and end once the target contract is completed or lost; Collaboration agreements often establish long-term working relationships
- Legal Structure: Teaming agreements maintain clear separation between parties, while Collaboration agreements may create shared responsibilities and joint ventures
- Resource Commitment: Teaming agreements specify precise contributions for particular bids, whereas Collaboration agreements often involve more flexible resource sharing
Download our whitepaper on the future of AI in Legal
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.