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# Collusive Bidding Agreement
**This Collusive Bidding Agreement (the "Agreement") is made and entered into as of [Date], by and between the following parties:**
1. **[Party A Name]**
Address: [Party A Address]
Contact: [Party A Contact Information]
2. **[Party B Name]**
Address: [Party B Address]
Contact: [Party B Contact Information]
**Collectively referred to as the "Parties".**
## Recitals
WHEREAS, the Parties intend to participate in a bidding process for [specific project or contract name] (the "Project");
WHEREAS, the Parties desire to establish an agreement to coordinate their bidding strategies in a manner that will maximize their chances of securing the Project;
NOW, THEREFORE, in consideration of the mutual promises and agreements set forth herein, the Parties agree as follows:
## 1. Purpose
The purpose of this Agreement is to outline the collaborative bidding strategy that the Parties will adopt for the Project.
## 2. Coordination of Bids
The Parties agree to:
- Share information regarding bid preparation, pricing strategies, and project requirements;
- Coordinate the timing and submission of bids to avoid competitive overlap;
- Assign specific roles and responsibilities related to the bidding process.
## 3. Confidentiality
The Parties acknowledge that all information exchanged between them under this Agreement is confidential. The Parties agree not to disclose any confidential information to any third parties, except as required by law.
## 4. Term
This Agreement shall commence on the date first written above and shall continue in effect until the conclusion of the bidding process for the Project, unless terminated earlier by mutual written consent of the Parties.
## 5. Termination
Either Party may terminate this Agreement upon [number] days written notice to the other Party. Upon termination, the Parties shall cease all coordinated bidding activities.
## 6. Indemnification
Each Party agrees to indemnify and hold harmless the other Party from any claims, damages, or liabilities arising out of or related to the breach of this Agreement.
## 7. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of [State].
## 8. Entire Agreement
This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior agreements or understandings, whether written or oral.
## 9. Amendments
This Agreement may only be amended in writing signed by both Parties.
## 10. Signatures
IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the date first above written.
**[Party A Name]**
Signature: ____________________________
Print Name: [Name of Signatory]
Title: [Title]
Date: ________________________________
**[Party B Name]**
Signature: ____________________________
Print Name: [Name of Signatory]
Title: [Title]
Date: ________________________________
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### Important Note:
**This document serves as a template and does not conform to legal standards. Collusive bidding is illegal and unethical in many jurisdictions**. Engaging in such activities can lead to severe penalties, including fines and criminal charges. Always consult with a qualified attorney before entering into any legal agreements.