Question 1

Can a joint venture use the past performance of its members?

Accepted Answer

Yes. A JV can use the individual past performance of its members as its own past performance. This is one of the primary benefits of JVs — an SDVOSB with limited past performance can team with an experienced partner and submit the partner's relevant past performance. For mentor-protégé JVs, the past performance of the JV itself accrues to the protégé for future proposals.

Question 2

Can an SDVOSB form a joint venture to pursue set-aside contracts?

Accepted Answer

Yes. SDVOSBs can form joint ventures (JVs) to pursue set-aside contracts. The JV must be controlled by the SDVOSB member — meaning the SDVOSB must be the managing venturer and must perform at least 40% of the work. The SDVOSB must also be responsible for managing the JV on a day-to-day basis. The JV agreement must be in writing and meet SBA regulatory requirements.

Question 3

What is an approved mentor-protégé joint venture?

Accepted Answer

An approved mentor-protégé joint venture (MP JV) is a formally structured JV between an SBA-approved mentor (usually a large business) and its protégé (an SDVOSB). MP JVs receive special regulatory benefits: the JV is not subject to size affiliation with the mentor, and the JV's past performance counts for the protégé. The JV must be approved by SBA before submitting offers on set-aside contracts.

Question 4

How do you build a strong past performance volume?

Accepted Answer

A strong past performance volume selects recent, relevant contracts that match the scope, complexity, and dollar value of the opportunity. For each reference: describe the work performed, contract value, period of performance, and customer contact. Highlight exceptional CPARS ratings and specific accomplishments. Proactively address any adverse ratings. New SDVOSBs can use the experience of key personnel from prior employers or relevant subcontract experience.

Can a joint venture use the past performance of its members?

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