Andy Watson, shareholder at Maynard Cooper & Gale, along with Richard Simpson, President at RSimpson Consulting Services, hosted a live webinar on January 13 covering joint ventures for government contracting. During the program Andy and Richard explained joint ventures, discussed advantages to joint ventures verse teaming arrangements, clarified specific SBA rules and regulations, and examined the considerations for seeking a joint venture.
Imagine you are working on a federal government contract. The Government is happy with your work. You have received excellent performance ratings and high award fees. Your employees may have even received commendations for their efforts in supporting the Government’s mission. One day, your Government client calls you and asks you to perform substantial additional work. While this type of contract change may seem to be an excellent source of new revenue, it can also quickly turn into a bad situation in which your company does not get paid if you are not care