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.
Subsidiary
A company for which a majority of the...
Current Assets
A balance sheet item which equals...
Primary Activity
The major business activity of...
Subcontract
A contract between a prime cont...
Best and Final Offer
For negotiated procurements...
Comparative Analysis
Is designed to point out significant trends that...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Hardship Waiver
Method used to approve a...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
GPM%
The measure of every sales dollar left...
NAICS
NAICS codes are common...
Partnership
A type of unincorporated business org...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Companion File
When an applicant has another application filed...
Certified 8(a) Firm
A firm owned and operated by socially and...

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