SBA Joint Venture Definition and JV Meaning

The legal definition of a joint venture JV for purposes of a federal government contract is an arrangement where two or more companies enter into a JV relationship for the sole purpose of bidding on and performing a government contract. Under the federal joint venture definition, the venture constitutes a… Read more »

GAO Sustains Protest For Improper Joint Venture Past Performance Evaluation

Avoid Costly Mistakes When Submitting 8(a) Joint Venture Past Performance  GAO protests continue to surface because of improper past performance evaluation of proposals. In a recent case, GAO sustained a protest because NASA considered the awardee’s past performance.  There was no record of actual performance. The problem was that the solicitation stated that NASA would not… Read more »

Avoid SDVOSB Joint Venture Agreement Mistakes

Qualifying under the Code of Federal Regulations 13 CFR 125.18 as an SDVOSB Joint Venture  agreement means that you must first qualify as an SDVOSB. Although this seems obvious, there are cases where small businesses submitted government bids with  SDVOSB Joint Venture agreements and lost when challenged by the competition in a… Read more »

Joint Venture Proposal For Federal Government Contracts

Small businesses considering submitting a joint venture  proposal for federal government contracts must be aware of certain legal landmines when bidding. The most important aspect of using a JV business relationship is to avoid affiliation while making sure that the joint venture agreement meets statutory requirements. Small businesses that are… Read more »

Joint Venture Contractual Agreement and SBA Approval

Make Sure That Your Joint Venture Contractual Agreement Gets Approved Before Contract Award Government Requests for Proposal (RFP) are sometimes set aside for 8(a) BD program participants. An important aspect that potential bidders must look out for is the specific language that “If the procurement is to be awarded through… Read more »

SBA Joint Venture Advantages and Disadvantages

Making the right choice can increase business revenues by at least 30% Small businesses often execute joint venture agreements without clearly understanding the applicable rules and joint venture advantages and disadvantages. To make matters worse, the Small Business Administration (SBA) recently modified the joint regulations. The goal is to decrease… Read more »

Difference Between Teaming Agreement & Joint Venture Agreement

The subtle difference between using a teaming agreement and a joint venture agreement is that a teaming agreement essentially identifies the prime contractor and subcontractor and discusses the roles of each to the government. In a joint venture arrangement, a third entity is an actual offeror and not the individual… Read more »

Joint Venture Requirements for Government Contracts

Understanding the rules when submitting a joint venture proposal for government contracts can be very tricky. Although the FAR allows for this type of relationship, companies submitting a bid proposal must be very aware of the underlying affiliation rules that frequently apply.  When small businesses enter into a joint venture agreement, they… Read more »