Does Your SBA Operating Agreement Comply With the Rules Under 13 CFR 121.103? If Not, You Can Lose Your Contract. When making size determinations and affiliation under the negative control definition for small businesses, the SBA not only looks at finding actual control over the protested business but also whether a non-disadvantaged… Read more »
Knowing what is the difference between LLC and Corp Can Mean Less Liability When You Comply with the Rules. When forming a new business, you might wonder what is the difference between a limited liability company, LLC vs Corporation. What does LLC stand for in business terms? In Colorado, and in… Read more »
Understanding the joint venture procurement rules when submitting a JV business proposals for government contracts can be very tricky. Although the FAR allows for this type of company-formed relationship, companies submitting a joint venture proposal must be very aware of the underlying affiliation rules that frequently apply. When small businesses enter… Read more »
A partnership in business is the relationship formed between two or more persons who carry on a business or trade for a profit. A complete definition of a partnership agreement is determined on a state by state basis within the state statutes. Regardless of whether you have a business partnership agreement in place,… Read more »
The legal analysis of Business law includes regulatory and statutory guidelines to which owners must comply. For example, under Colorado business laws include regulations that govern limited liability companies, business partnerships and more. If you are operating a commercial business that includes the sale of goods, understanding the basic principles of… Read more »
What happens after Small Business Administration (SBA) receives a small business size standard protest or request for a formal size determination? Knowing the key points of a size protest can help a company to be responsive and not lose out on a possible victory by failing to adequately complete the… Read more »
Many legal hurdles under Colorado peircing laws severely impact corporate CEO’s, and business partners, often find themselves involved in costly litigation. However, although they cannot avoid every corporate dispute, some mistakes often come from not understanding their obligations and duties under the various and complex business laws. These mistakes… Read more »
As a current or new Colorado business law, there are some basic points that you must know. Legal issues lurk in the horizon under Colorado business laws and you must be aware of the pitfalls that await you. The following FAQ’s are derived from the Colorado secretary of state. From the Colorado… Read more »
The Trade Agreements Act (TAA) applies to GSA Schedule Contracts, requiring that all products listed on the contract be manufactured or “substantially transformed” in either the United States or a TAA-compliant “designated country”. The designated TAA compliant countries encompass: 1. Countries under the World Trade Organization Government Procurement Agreement. 2…. Read more »
Theodore P. Watson, Esq. The Trade Agreements Act TAA plays a significant role in regulating international trade. However, there are exceptions to the TAA that businesses need to understand and navigate. Understanding the Trade Agreements Act TAA Before delving into exceptions, it is crucial to grasp the fundamental aspects of… Read more »