Roadmap to Joint Venture Agreements: Legal and Accounting Considerations

Joint ventures (JVs) can be a powerful tool to improve a government contractor’s odds of winning federal contracts. With the SBA’s Mentor Protégé Program facilitating JVs and large multiple award contracts making many firms form JVs, an understanding of how JVs work from a legal and accounting perspective is a must. Join PilieroMazza’s Managing Partner Tony Franco and Baker Tilly’s Tom Tagle as they discuss the most critical legal and accounting issues parties to JVs should know before joint venturing. Learning objectives include: structuring the venture and sharing liability; financing the joint venture; managing the scope of work and conditions of the business; executing the scope of work and cost accounting considerations; cash and other distributions; and developing an exit strategy. Disclaimer: This communication does not provide legal advice, nor does it create an attorney-client relationship with you or any other viewer. If you require legal guidance in any specific situation, you should engage a qualified lawyer for that purpose. Prior results do not guarantee a similar outcome. Attorney Advertising: It is possible that under the laws, rules, or regulations of certain jurisdictions, this may be construed as an advertisement or solicitation.