How are joint ventures and partial ownerships of facilities handled?
Sometimes contract and grant recipients are partially owned by more than one company. USAspending.gov treats these joint ventures as entirely separate entities with no connection to the original companies. Contracts or federal assistance for these partnerships are totaled and tracked as a group. Often, name searches will also produce listings of these joint ventures along with a listing of the stand alone company.
Sometimes contract and grant recipients are partially owned by more than one company. USAspending.gov treats these joint ventures as entirely separate entities with no connection to the original companies. Contracts or federal assistance for these partnerships are totaled and tracked as a group. Often, name searches will also produce listings of these joint ventures along with a listing of the standalone company.
