Joint Venture Requirements.pdf

CONTROLLED UNCLASSIFIED INFORMATION (CUI)

SOURCE SELECTION INFORMATION

ATTACHMENT 2

JOINT VENTURE REQUIREMENTS

Joint ventures (JVs) shall submit at a minimum, the information requested below. In addition, Small Business Offerors shall submit Joint Venture agreements that demonstrate compliance with FAR 19.1403. All JVs shall provide:

(1) A certified copy of their Joint Venture agreement; and

(2) A detailed statement outlining the following in terms of percentages, where appropriate.

a. The relationship of the joint venture parties in terms of business ownership, capital contribution, and profit distribution or loss sharing;

b. The management approach of the joint venture in terms of who will conduct, direct, supervise and control the project and have custody and control of the assets of the joint venture and perform the duties necessary to complete the work;

c. The structure of the joint venture and decision-making responsibilities of the joint venture parties in terms of who will control the manner and method of performance of the work;

d. The identification of key personnel who will have authority to legally bind the joint venture to subcontracts and who will provide or contract for the labor and materials for the joint venture;

e. The identification of personnel who will maintain the joint venture bank accounts for the payment of all expenses and the deposits of all receipts, who will keep the books, and records, and who will pay applicable taxes for the joint venture;

f. The identification of persons who will furnish the facilities, such as office supplies and telephone service; and

g. The identification of the personnel who has overall control of the joint venture.