Mentor-Protégé Joint Venture Agreement Best Practices
Small Business Committee, Subcontracting, Teaming & Strategic Alliances Committee, and Mergers & Acquistions Committee Joint Meeting
Monday, November 18 | Noon – 1:15pm ET
SBA's 8(a) and All Small Mentor-Protégé programs provide participants the special privilege of joint venturing without affiliation. But to take advantage of that privilege participants in the program must jump through several hoops, including having a joint venture agreement (JVA) that complies with specific SBA regulatory requirements.
Failure to comply with these regulations can result in the JVA being rejected by SBA, or the joint venture partners being found to be affiliated in a size protest. Despite these risks, many contractors still draft JVAs that do not meet SBA regulations. Beyond regulatory compliance problems, many JVAs lack key terms necessary to ensure operational success or to protect the interests of the partners.
Join our panel for a discussion of best practices for drafting mentor-protégé JVAs. Best practices for ensuring regulatory compliance, as well as crafting an agreement that meets operational needs and protects the interests of the partners will be discussed. In addition, the potential impact of SBA's forthcoming changes to its mentor-protégé regulations will be addressed.
- Adam Lasky, Partner, Oles Morrison Rinker & Baker LLP
- Damien Specht, Partner, Morrison & Foerster LLP
- Eric Whytsell, Partner, Stinson LLP
Lunch will be available for $10/ person, cash only.