This week the Florida Transportation Builders’ Association “FTBA” had their Annual Construction Conference in Orlando. It was a very well attended event; there were over 500 attendees consisting of General Contractors, Subcontractors, Suppliers, Professional Services Companies, etc. There were several break out sessions that allowed companies to learn more about certain opportunities that could help them in business. One of the sessions was about Joint Ventures. Kim Niv partnered up with local attorney, Greg Martin, from Martin Hild, P.A. to speak to about Joint Ventures. Their presentation dove into what exactly a Joint Venture was and what to think about before partnering with someone to do a Joint Venture. Their two hour presentation was packed full of valuable information regarding the advantages and disadvantages, key things to consider when thinking about partnering with another company for a Joint Venture, putting together a plan and an agreement, and qualifying for bonds under the Joint Venture.
If you were not able to attend the FTBA Conference but are interested in learning more about Joint Venture, please give us a call. We are happy to visit with you to help answer any questions you may have.