Common use of Consortium Administration Clause in Contracts

Consortium Administration. The Government and the Consortium, through the CM, are bound to each other by a duty of good faith and best effort to achieve the objectives of this Other Transaction Agreement. This Other Transaction Agreement is not intended to be, nor shall it be construed as, by implication or otherwise, a partnership, a corporation, or other business organization. All financial transactions between the Government and the Consortium, including payment, will be made via the CM. The CM shall accomplish the overall management, including reporting, financial and administrative matters, of the coordinated prototype program established under this Other Transaction Agreement. The CM shall be responsible for the overall day-to-day management of Government selected projects and all prototype projects issued to the Consortium under this Other Transaction Agreement. The CM shall also be responsible for resolving performance issues that occur during performance of this Other Transaction Agreement.

Consortium Administration. ‌ The Government and the Consortium, through the CM, are bound to each other by a duty of good faith and best effort to achieve the objectives of this Other Transaction Agreement. This Other Transaction Agreement is not intended to be, nor shall it be construed as, by implication or otherwise, a partnership, a corporation, or other business organization. All financial transactions between the Government and the Consortium, including payment, will be made via the CM. The CM shall accomplish the overall management, including reporting, financial and administrative matters, of the coordinated prototype program established under this Other Transaction Agreement. The CM shall be responsible for the overall day-to-day management of Government selected projects and all prototype projects issued to the Consortium under this Other Transaction Agreement. The CM shall also be responsible for resolving performance issues that occur during performance of this Other Transaction Agreement.