The use of teaming agreements when competing for government contracts can create new government contract opportunities for businesses both large and small. Teaming and subcontracting agreements give companies the chance to win awards that they might not otherwise qualify for or have the depth of technical expertise and resources individually.
There are many factors to consider when entering a teaming or subcontract arrangement, including types of arrangements, regulatory compliance requirements, rate structures and operating and entity agreements.
In this episode, Eric Poppe, a Managing Director in Cherry Bekaert’s Government Contracting Industry practice, and Brendan Halloran, a Director in the Firm’s Government Contracting practice, share their insights into the different types of teaming arrangements and what government contractors should consider when entering into an agreement, along with best practices.
Discussion includes:
- Reasons for entering a teaming arrangement
- Small business plans and subcontractor arrangements
- Rate structures and contract mix
- The differences between a subcontract and other teaming arrangements
- Operating and entity agreements
- Regulatory compliance considerations
If you need any help developing your teaming strategy or navigating the proposal process, Cherry Bekaert’s Government Contracting consultants are available to discuss your situation with you.
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