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What is National Nexus Consortium Company readiness?

National Nexus Consortium Company readiness is the process of organizing the questions that would need to be addressed before a separate national enterprise-side company or operating vehicle could be considered alongside the public-good Nexus Consortium pathway. 

A public-good consortium and an enterprise-side company are different. The public-good consortium may convene, steward records, organize readiness, support learning, and prepare national pathways. A company, if separately formed, would have its own legal existence, governance, directors or managers, obligations, contracts, liabilities, insurance, tax treatment, capital structure, services, revenue model, and operating responsibilities. 

Company readiness may examine: 

why a company may be needed; 

what functions it might perform; 

how public-good and enterprise functions remain separate; 

who may govern it; 

what legal formation would be required; 

what liabilities may exist; 

what contracts may be needed; 

what revenue model is assumed; 

what conflicts must be managed; 

what insurance may be needed; 

what procurement boundaries apply; 

how it relates to Project SPVs; 

how it relates to GRA, GRF, GCRI, Nexus, National Desk, and Nexus Universe. 

Company readiness creates a question record. It does not create, approve, finance, or endorse the company. 

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