Joint Ventures can be formed among small business. Generally, any joint venture (JV) to pursue a Government contract is affiliated and therefore one will have to combine the annual receipts (or employees) to determine the size of the JV and its eligibility to pursue a set-aside contract. There are exceptions to the affiliation rule that pertain to small businesses joint ventures, and the Mentor Protégé program. For a detailed chart listing these go to:
See our Article on Teaming and Joint Ventures at: http://www.avvo.com/legal-guides/ugc/teaming-and-joint-venture-agreements---a-brief-guide-on-using-teaming-to-win-government-contracts
Of course large and small businesses that merely wish to combine their collective capabilities and financial strengths may form an 8(a) Mentor Protégé JV for other reasons but a solid agreement is important as it is still a contract and binding and legal.
We have three attorneys in the practice who are well versed in this area of law. They are supported by 2 paralegals who have special knowledge and training to assist the attorneys to provide a reasonably priced well crafted product for our teaming and joint venture clients. Call today!!!
