Joint Ventures and the Limitations on Subcontracting: SBA Provides Some Clarity

Koprince Law – Joint ventures operating under the SBA’s regulations are subject to two work share restrictions: the limitations on subcontracting, which governs work share between the joint venture and its subcontractors) and the so-called “40 percent rule,” which governs work share between the joint venture partners. It can be easy to get confused about how the rules work together.