What is a Joint Venture? SBA JV Definition and 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 and partnership agreement for the sole purpose of bidding on and performing a government contract. Under the SBA definition, the joint venture… 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 Mistakes in 13 CFR 125

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 Requirements & Federal Government Contract

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 8(a)… Read more »

8a Joint Venture Partnership Agreement and SBA Approval Requirements

VMake Sure That Your 8(a) Joint Venture Agreement Gets Approved Before Contract Award Many companies lose out on lucrative joint venture contracts because they fail to meet the expressed terms of the solicitation requirements. Government Requests for Proposal (RFP) are sometimes set aside for 8(a) BD program participants. An important… Read more »

SBA Joint Venture Advantages and Disadvantages

Applying the right Joint Venture Strategy can increase business revenues by at least 30% Small businesses often execute generic joint venture agreement templates without clearly understanding the applicable rules and the liability attached.  Although there are many joint venture advantages and disadvantages, applying the rules up from can greatly minimize the… 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 »