Joint Venture Definition

Failing to Comply with SBA Joint Venture Definition and Affiliation Rules Can Cost You the Contract.  The SBA joint venture definition means two or more businesses joining forces for a profit. The effort is generally targeted to a specific project in federal contracting. In government contracting, the Small Business Administration (SBA)… Read more »

Joint Ventures Agreement and Contents 13 CFR 124.510

Contents of a joint venture agreement are statutorily set for small businesses and 8(a)certified companies. If you are a small business in the SBA 8a certification program and thinking about entering a joint venture agreement with another company, there are a few things that you want to consider. Not only are the… Read more »

Government & FAR Subcontracting The Basics Information FAR 52.219-8

Small businesses become fertile ground for federal investigations when they either subcontract out too much work or simply engage in pass-through contracting. If you are new to federal contracting or an existing government contractor, you should promptly get up to speed on government subcontracting the basics IAW FAR 52.219-8 Utilization… Read more »

SBA Affiliation & Joint Venture Agreements

Despite the new SBA affiliation rules reducing the possibility of affiliation, small businesses must still be aware of the costly legal mistakes made during the bidding process as well as day-to-day operations.  Your company can lose government contracts if correctly challenged in a small business size protest. Companies consistently run… Read more »

Getting Service Disabled Veteran Contracts & Avoid SDVOSB Fraud

When it comes to getting service disabled veteran owned SDVOSB small business contracts, the Veterans Entrepreneurship and Small Business Development Act of 1999 (Public Law 106-50) established an annual government-wide goal of not less than 3% of the total value of all prime contract and subcontract awards for participation by small business… Read more »