When may a joint venture submit an offer on a VOSB or SDVOSB contract?

CFR · 2024-01-01 · US · Title 13

(a) (1) The VOSB or SDVOSB joint venture partner must be certified in accordance with this part; (2) The joint venture agreement must comply with the requirements set forth in this part; and (3) A VOSB or SDVOSB cannot be a joint venture partner on more than one joint venture that submits an offer for (b) (2) A joint venture between a protégé firm certified as a VOSB or SDVOSB and its SBA-approved mentor ( (c) (1) Setting forth the purpose of the joint venture; (2) Designating a certified VOSB or SDVOSB as the managing venturer of the joint venture and designating a named employee of the certified VOSB or SDVOSB managing venturer as the manager with ultimate responsibility for performance of the contract (the “Responsible Manager”); (i) The managing venturer is responsible for controlling the day-to-day management and administration of the contractual performance of the joint venture, but other partners to the joint venture may participate in all corporate governance activities and decisions of the joint venture as is commercially customary; (ii) The individual identified as the Responsible Manager of the joint venture need not be an employee of the certified VOSB or SDVOSB at the time the joint venture submits an offer, but, if he or she is not, there must be a signed letter of intent that the individual commits to be employed by the certified VOSB or SDVOSB if the joint venture is the successful offeror. The individual identified as the Responsible Manager cannot be employe

official document · source cfr-2024 · id 13:§ 128.402