If you are thinking about forming a Colorado limited liability company, you must develop and file the Business or LLC Articles of Incorporation with the Secretary of State. Other states may sometimes refer to the articles as a certificate of incorporation. Colorado Articles of Incorporation are governed by Section 7-80-203… Read more »
Novating a contract that involves a federal government contract can be painless so long as buyers and sellers of businesses understand how the process works. In addition, before committing to a future sale or purchase of a business, understand the difference between an assignment vs novation. All should be aware… Read more »
A question often arises as to whether in service-disabled veteran owned business SDVOSB set aside contracts the federal government can restrict market research to a local geographic area. These are tough issues to address in bid protest litigation. The first thing that potential bidders must realize as a Veteran Owned… Read more »
Sometimes government contractors under 5 U.S.C. 552 seek to get information via a Freedom of Information Act request, commonly referred to as a FOIA request, to find out information about a specific procurement or another contractor. Before you submit a FOIA request, you may want to find out if the… Read more »
Understanding the Legal Nuances of the Colorado LLC Act Can Minimize Headaches and Costly Legal Mistakes With Colorado LLC Laws. Many start-up companies in Colorado elect the LLC business entity. However, failure to follow the basic statutory requirements can expose business owners to personal liability. Although easy to start an… Read more »
The McNamara O’Hara Service Contract Act (SCA Government Contracts) mandates that federal contractors and subcontractors performing services on prime contracts in excess of $2,500 must pay service employees in various classes no less than the wage rates and SCA fringe benefits found prevailing in that specific locality, or the rates… Read more »
Applying contractor teaming agreement best practices can create a great tool to “get your foot in the door” in Federal government contracting. As best practices for small business success in government contracting, they are vital when bidding for substantially large contracts, such as federal government agency projects. However, federal contractors should… Read more »
Small businesses considering submitting a joint venture 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) certified… Read more »
Understand and apply the various nuances of a Colorado limited liability partnership before there are disputes and it’s too late. Forming a limited liability partnership in Colorado means operating a business with more than one owner. This type of business partnership offers owners some level of limited personal liability for… Read more »
There is still great confusion between small businesses about 8a sole source and 8a set aside contracts versus HUBZone contracts set-aside requirements. 8a set asides are a powerful tool for agencies to achieve small business and small disadvantaged business contracting goals. When challenging the agency’s decision, contractors should beware of the… Read more »