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Blog Bite: What are the benefits of a small business being in a mentor-protege arrangement for the purposes of contracting with the federal government?

This article posted on our partner site Mondaq.com addresses how small businesses can prevent losing contracts with government agencies when they are affiliated with a larger firm.

For the federal government, Small Business Administration, if the small business can be a "protege" in a joint venture with an approved "mentor" and not lose these valuable contracts. The author notes that the formal requirements to establish this program needs to be satisfied even if a mentor-protege relationship has existed between the parties previously. The author notes to take advantage would be opportune for small business but compliance and due diligence are required.

This comes to you as a part of Clausehound's exciting new collaboration with Mondaq!

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This article is provided for informational purposes only and does not create a lawyer-client relationship with the reader. It is not legal advice and should not be regarded as such. Any reliance on the information is solely at the reader’s own risk.

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