“The greatest victory is that which requires no battle.”
–Sun Tzu Art of War
For decades GCARL has helped government contractors find and vet potential joint venture partners, and review, prepare and negotiate compliant Joint Venture Agreements and Joint Venture Operating Agreements that secured and maintained preferential status for the Joint Ventures as 8(a), VSOB/SDVOSB, WOSB/EDWOSB, HUBZone, Native-owned, and DBE/ACDBE.
As well as the issues that arise in forming any new business for government contracting, joint ventures have unique considerations that must be addressed in specific ways to ensure both compliance and a functional business relationship among the JV members: Joint ventures are the single greatest force multiplier in the small business government contractor’s arsenal. By formally and properly combining resources, experience, and capabilities with another company, you can immediately increase the numbers and types of contract awards that you can actually win and profitably perform.
Joint ventures are the single greatest force multiplier in the small business government contractor’s arsenal. By formally and properly combining resources, experience, and capabilities with another company, you can immediately increase the numbers and types of contract awards that you can actually win and profitably perform.
Percentage of work performed
Control over banking accounts and company records
Describing the value of each JV member’s proposed contribution to the performance of contracts
Development of SBA-compliant Mentor-Protégé & Joint Venture Agreements
Most Teaming Agreements used in government contracting are not actually government contracts but instead are agreements between two or more private entities.
State laws, not the Federal Acquisition Regulations (FARs), govern Teaming Agreements, therefore there is no standard set of rules for what Teaming Agreements should say. Instead, there are various principles and concepts that need to be addressed, like:
Responsibilities for Proposal Development and Submission
Many small business government contractors get started in the marketplace as subcontractors. And most simply accept the terms presented to them by larger, more experienced government contractors. This mistake helps neither the prime contractor nor the subcontractor – signing a non-compliant subcontract dooms the project to failure.
GCARL helps government contractors ensure their subcontracts advance their interests and goals by:
Connecting quality prime government contractors and subcontractors
Reviewing and advising subcontracts to ensure they incorporate current best practices
Advising on compulsory and optional Flow Down Provisions
Assisting with securing insurance coverage and bonding