Is there a System.Web.WebPages.Razor.dll in the bin folder of your web app? What is its version? (Explorer right click, properties) I'm guessing it's not 3.0.0.0. Just get the nuget packages for v3.0.0.0, perhaps by copying the packages folder from your colleague. Or install it manually: http://www.nuget.org/packages/Microsoft.AspNet.Mvc/3.0.20105.1
EDIT: if you copy stuff from your colleague, also copy the relevant version numbers into packages.config. This is what tells nuget which versions to put into the packages folder.