SBA Joint Venture and Teaming Agreements. SBA . Legal Requirements. The regulatory requirements for 8(a) Joint Venture Agreements are found in 13 CFR § 124.513 Standard Operating Procedures (SOP) 80-50-3, p. 151-164. Legal Requirement. Definition of Joint Venture:
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
The regulatory requirements for 8(a) Joint Venture Agreements are found in
Definition of Joint Venture:
Joint Venture Agreement (JVA) is an agreement between an eligible 8(a) participant and one or more other business concerns to establish a new legal entity solely for the purpose of performing aspecific 8(a) contract.
What is considered small and eligible for JVA?
Competitive 8(a) procurements
The package must include:
Agreement is a legal document between the parties and should include the following :
District Office Approval-
After JVA has been approved-
A teaming arrangement may be a arrangement in which a potential prime contractor agrees with one or more companies to have them act as its subcontractors under a specified Government contract or acquisition program or it can be a JVA.
A teaming arrangement does not necessarily need to be reviewed by SBA, however it must be carefully evaluated to determine the relationship of the parties, as it may affect a participant’s eligibility if it results in actual or negative control, affiliation or loss of small business status.