Joint Venture Grading Designation Calculator
1
Enter the lead partner of the Joint Venture here. The lead partner must be registered in a contractor grading designation not lower than one level below the required grading designation in the class of construction works under consideration.
E.g. if the advertised grade is 7GB then the lead partner must be registered in Grade 6GB or higher.
2
The joint venture calculator sums the capacity of all the joint venture partners and calculates a grading designation for the joint venture. Notwithstanding the calculated result, the following table summarises the combinations of designations held by Joint Venture partners which will be deemed to satisfy the requirements.