NASBP's Online Joint Ventures Course: A joint venture (JV) is a partnership between one or more businesses to take on a commercial enterprise
This is the latest instance in which the rules for joint ventures have changed, and a good reminder for companies to be sure their joint venture agreements are compliant with the most current regulations and OHA case law
The decision addresses how agencies must evaluate the prior experience and past performance of joint venture members when a joint venture bids on a small business set-aside. This case law likely will drive changes in how joint ventures pursue set-aside opportunities and alter the way some agencies evaluate joint ventures’ proposals in competitions for federal contracts.
Teaming and mentor-protégé agreements and joint ventures will be the topics of Reed's presentation during the Nov. 12 and 13 educational conferences being held in Washington, DC, by Smith, Currie & Hancock and the National Association of Surety Bond Producers
Contractors structured as an incorporated joint venture would not be able to avail of such options as the insolvency of one of the members could trigger termination of the employment of all parties to the joint venture. 4
NASBP is pleased to announce that the NASBP membership now has access to a set of three in-depth articles on joint ventures in construction
Published April 6, 2022 Joint ventures are a common method of undertaking construction projects in North Carolina. Through a joint venture, two companies can pool their resources and expertise to complete a project. Joint ventures are unincorporated associations
As of January 9, 2023, the SBA began accepting applications for certification here . Impacts to Joint Ventures As before, a Joint Venture is not required to be certified as a VOSB or SDVOSB under the new regulations. New regulations were issued, however, in 13 CFR 128 outlining the certification requirements of joint venture members. A joint venture may submit an offer for a VOSB or SDVOSB contract if the joint venture meets the requirements as set forth in 13 CFR § 128.402. These requirements include that (1) the VOSB or SDVOSB joint venture partner is certified, (2) the joint venture agreement complies with the requirements set forth in 13 CFR § 128.402, and (3) a VOSB or SDVOSB cannot be a joint venture partner on more than one joint venture that submits an offer for a specific contract set-aside or reserved for VOSBs or SDVOSBs
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Joint ventures can serve a variety of purposes, with sureties playing a crucial role; but the parties involved must make sure the arrangement is legal, says Adrian L
The one-day seminar will focus on such topics as mentor-protégé arrangements, joint ventures and small-business regulations