Continuing in our series on the Small Business Administration (SBA) 8(a) Business Development Program and the All-Small Mentor-Protégé Program (previously the 8(a) Mentor-Protégé Program), the focus of this podcast episode is on how to handle basic accounting when entering into a Joint Venture (JV) agreement as part of a Mentor-Protégé (M-P) arrangement.
Listen to Eric Poppe, a Director in Cherry Bekaert’s Government Contracting Industry Practice, and Craig Hunter, an Assurance Partner and member of the Firm’s GovCon practice, to find out about:
- The SBA All Small Mentor-Protégé Program
- How JV arrangements are traditionally set-up
- How the day-to-day accounting flows between entities
- Billing and best practices
- Cost allocation
- How to handle the accounting for different contract types
If you have any questions specific to your situation, Cherry Bekaert’s GovCon Consultants are available to discuss your situation with you.
If you haven’t already, catch up on other episodes in our podcast series discussing various aspects of the Small Business Administration’s (SBA) 8(a) Business Development Program:
- The SBA 8(a) Business Development Program – What Is It and What Are the Requirements?
- The SBA 8(a) Business Development Program Application Process and Requirements
- What Are the Compliance Requirements for 8(a) Certified Companies?
- Winning an SBA 8(a) Sole Source Award Contract – What’s Involved and What to Know
- Winning an 8(a) Competitive Contract
- Small Business Administration (SBA) Mentor-Protégé Program
- SBA Mentor-Protégé & Joint Venture Arrangements – Important Elements of the Agreement
- The lifecycle of an 8(a) Company
- OIG Report: SBA’s Business Development Assistance to 8(a) Program Participants
- Contract Performance After the SBA 8(a) Business Development Program
View All Government Contracting Podcasts
