Contractor Team Arrangement

An arrangement in which (a) two or more companies form a partnership or joint venture to act as potential prime contractor; or (b) an agreement by a potential prime contractor with one or more other companies to have them act as its subcontractors under a specified government contract or acquisition program.

Updated on
September 9, 2022
Published on
June 20, 2018
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Electronic Data Interchange
Transmission of information bet...
Current Liabilities
A balance sheet item, which...
Credit Elsewhere Test (CET)
The test to determine the...
Income Statement
Shows the entity’s income and...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Normal Annual Sales
Those sales that would have...
Fair and Reasonable Price
A price that is fair to both parties...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Sole Proprietor
an individual who...
Subsidiary
A company for which a majority of the...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Depreciation
A non-cash operating expense that...
Affiliates
Business concerns, organizations, or...
Negotiation
Contracting through the use of...

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