Do you desire to have your business respond to a government RFP but realize that you cannot meet all of the requirements alone? For example, although you have the experience, you do not have the bonding capacity. Or, you are missing the mandatory equipment or technology. The answer is to identify another business entity that has what you are lacking to present a joint proposal in response to the RFP (“Proposal”), thereby increasing your likelihood of success.
If you find such an entity, you will need a Teaming Agreement. A Teaming Agreement is a contract between a potential prime contractor and another business entity, acting as a sub-contractor for the purpose of bidding on and securing a government contract.
The purpose of the Teaming Agreement is to establish the basis of the relationship between the parties who will work jointly on the Proposal and the contract, if secured. The Teaming agreement covers such issues as proposal preparation, scope of work of each party, allocation of costs, exclusivity, confidentiality, liability and indemnification. It protects the interests of both parties and avoids conflicts by clearly defining the terms of the relationship.
Michelle Austin Pamies, Esq.
Austin Pamies Norris Weeks, LLC
401 North Avenue of the Arts
Fort Lauderdale, FL 33311