Joint Venture for Project Citrus Portal with Northamptonshire County Council
Awarded 31 Aug 2016
About
Northamptonshire County Council awarded a contract to Grass Roots Group UK Ltd to serve as a joint venture partner for Project Citrus, delivering a portal with three key functions: information, advice, and e-marketplace.
The portal is to be delivered through a special purpose vehicle joint venture company (JVCO) owned by both partners, governed by a Joint Venture Shareholders Agreement.
The agreement is open-ended with a minimum commitment of five years, and operating costs are estimated at £12,000,000 over the first five years, with the provider contributing 60% and the authority 40%.
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