GovCon Acronym Decoder
Government contracting runs on shorthand. Search any acronym and get a plain-English definition, when you will run into it, whether you need one, and where it comes from.
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1 of 172 terms matching "JV"
Joint Venture
A formal legal entity formed by two or more firms to pursue specific work. SBA's mentor-protege JVs let a small business team with a larger firm and still bid as small.
When you see it
On pursuits too large for one small firm alone.
Do you need it
Only with a written agreement that meets SBA's specific content requirements.
Where it comes from
13 CFR 125.8 and related SBA rules.
Related terms
Joint Venture
A formal legal entity formed by two or more firms to pursue specific work. SBA's mentor-protege JVs let a small business team with a larger firm and still bid as small.
When you see it
On pursuits too large for one small firm alone.
Do you need it
Only with a written agreement that meets SBA's specific content requirements.
Where it comes from
13 CFR 125.8 and related SBA rules.
Related terms
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