Ukrainian Law Blog
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Tuesday, February 27, 2018
What Small Businesses Must Consider When Using Teaming Arrangements or Joint Ventures
Teaming Arrangements under the FAR
Under Federal Acquisition Regulation (FAR) 9.6, a contractor teaming arrangement is when:
Two or more companies form a partnership or joint venture to act as a potential prime contractor; or
A potential prime contractor agrees with one or more other companies to have them act as its subcontractors under a specified government contract or acquisition program.
Both of these arrangements have the potential to help small businesses increase the number of solicitations they can confidently bid on, but both also come with their own set of limitations to consider.
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