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.
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Equity
An accounting term used to...
Intermediary Organization
Organizations that play a funda...
Phase 1
Process used to determine the...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Contracting Officer
A person with the authority to...
Emerging Small Business
A small business concern whose...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
GPM%
The measure of every sales dollar left...
Electronic Data Interchange
Transmission of information bet...
Current Assets
A balance sheet item which equals...
Capital Leases
are for the purchase of fixed assets such as...
Subcontract
A contract between a prime cont...
Schedule of Liabilities
A business debt schedule that lists all of the debts...

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