Let’s Be Friends! (03/11/19)
March 11, 2019 - Sometimes two is better than one, especially in federal contracting. Businesses can form alliances that take different shapes and sizes or legal forms - including teaming, sub-contracting, joint venturing and Mentor-Protege. An educated contractor makes a more successful contractor; the more you know – the better and the more opportunities you will have to pursue. Know when it is better to team, when it is more appropriate to joint venture or form a mentor-protégé relationship. Understanding key considerations as well as provisions in the agreement are essential to success. Avoid pitfalls and find a partner who compliments your business.