CAN THE JOINT VENTURE SUBCONTRACT TO OTHER COMPANIES?
Yes, subject to approval by the Contracting Officer. Limitations on Subcontracting in FAR 52.219-27 apply: (1) Services (except construction), at least 50 percent of the cost of personnel for contract performance will be spent for employees of the concern or employees of other servicedisabled veteran-owned small business concerns; (2) Supplies (other than acquisition from a nonmanufacturer of the supplies), at least 50 percent of the cost of manufacturing, excluding the cost of materials, will be performed by the concern or other service-disabled veteran-owned small business concerns; (3) General construction, at least 15 percent of the cost of the contract performance incurred for personnel will be spent on the concerns employees or the employees of other servicedisabled veteran-owned small business concerns; or (4) Construction by special trade contractors, at least 25 percent of the cost of the contract performance incurred for personnel will be spent on the concerns employees or th
Related Questions
- If I qualify as a Socially Disadvantaged Business, will I earn more points if I also subcontract to or establish a joint venture with a Small Disadvantaged Business?
- Is there a process to consider options such as stock transfer, joint venture companies and other approaches?
- What shall be included in the feasibility study report of a Sino-foreign joint venture?
