Details Are Key To Enforceable Teaming Agreements

Law360, New York (July 26, 2013, 12:12 PM EDT) -- Government contracting is a team sport. Even the largest contractors rely significantly upon carefully chosen subcontracting partners to present the strongest proposal for a government opportunity. These subcontracts, however, are not executed until the award is won and the ink has dried on the prime contract with the government. Prior to the execution of a formal subcontract, the relationship between the intended subcontracting partners is governed by a “teaming agreement.” Teaming agreements vary widely in their terms, and are a staple of government contracting that are...
To view the full article, register now.