1 votes2 answers15 views
My company is teaming up with another small business for an 8(a) Business Development Program competitive bid on a federal contract. This is for...
Luis A.Verified vendorasked
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Glossary
Joint venture (JV)
A joint venture in government contracting is a separate entity formed by two or more firms to bid on and perform a contract together; SBA rules let a small business JV, including one with a large mentor, qualify as small for set-asides if the agreement meets specific requirements.
SBA Mentor-Protege Program
The SBA Mentor-Protege Program pairs a small business protege with a larger, experienced mentor that provides business development help, and lets the pair form a joint venture that qualifies as small for set-aside contracts without affiliation.
5 results for "Joint venture"
2 votes2 answers16 views
A joint venture is a separate legal entity formed by two or more businesses, while a teaming agreement establishes a prime contractor and one or more...
7 votes2 answers13 views
QuestionWhat is the mentor-protege program, and how do you find a mentor when SBA wants you to name one?
My small 8(a) firm is looking into the SBA Mentor-Protege Program to help us grow. We read that it can help us form a joint venture with a larger...
4 votes2 answers21 views
AnsweredThe prime offered a small workshare on a set-aside it will prime. Is that normal or a red flag?
This is not a normal arrangement for a joint venture on an SDVOSB set-aside; it raises a significant red flag regarding the limitations on...
Luis A.Verified vendorasked
3 votes2 answers12 views
AnsweredWhat is contract bundling, and what can a small firm do when its work gets rolled into a big IDIQ?
Contract bundling happens when an agency combines two or more requirements that were previously provided under separate smaller contracts into a...
Marcus T.Verified vendorasked