Organización y LicenciasPregunta 1419 de 1605

When forming a joint venture to bid a large project, what licensing does the joint venture need?

a.A joint venture license, obtained by entities that are each individually licensed
b.Each member's separate license is automatically enough
c.No license is needed for joint ventures
d.A federal contractor license

Explicación

Under B&P Code section 7029, two or more licensees may apply for a joint venture license. Each participant must be individually licensed, and the joint venture itself is issued a separate license number for that venture.

Referencia Legal: B&P Code §7029

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Revisado por Abraham Chen Licensed California General Contractor (CSLB License #1101856 verificar)
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