Rules On Joint Ventures And Documentation

This information note has been prepared to provide an outline of the rules of Public Tender Law No. 4734, Construction Tenders Application Regulation published in the Official Gazette dated March 4, 2009 and numbered 27159 (as amended as of the date hereof) and Public Tenders General Communiqué published in the Official Gazette dated August 22, 2009 and numbered 27327(as amended as of the date hereof) on joint ventures and documentation for construction sector public tenders.

A. Joint ventures under Turkish public procurement legislation

Pursuant to Turkish public procurement legislation, joint ventures may be formed as business partnerships or consortiums, the difference being that each partner of a business partnership is liable for the entire project, whereas each partner of a consortium undertakes a specific part of the project. Business partnerships may bid in any kind of tender, as opposed to consortiums which may bid only if the relevant contracting