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 »

What is a Mentor Under SBA Rules 13 CFR 124.520?

 To better understand what is a mentor under the SBA SBA Mentor Protege Program, it might be useful to understand the underlying reason for the program. The purpose of the SBA’s Mentor Protege Progam is for the Mentor to enhance and improve the protégé’s capabilities. Under 13 CFR 124.520, a mentor… 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 »