DBE/ACDBE Participation in Joint Ventures - Metropolitan ...
DBE/ACDBE Participation in Joint Ventures - Metropolitan ...
DBE/ACDBE Participation in Joint Ventures - Metropolitan ...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Ownership<br />
• Ownership Interests <strong>in</strong> Jo<strong>in</strong>t<br />
Venture. The <strong>in</strong>terests of the Jo<strong>in</strong>t<br />
Venturers <strong>in</strong> this Jo<strong>in</strong>t Venture, <strong>in</strong> all<br />
assets thereof and <strong>in</strong> any profits and<br />
losses or liabilities thereof, shall be as<br />
follows:<br />
– Non-AC<strong>DBE</strong><br />
70%<br />
– AC<strong>DBE</strong> 30%<br />
71