Joint venture
Joint venture is an association of two or more business concerns for which purpose they combine their efforts, property, money, skill, or knowledge in accordance with 13 CFR part 125. A joint venture must be comprised of at least one veteran-owned small business. For VA contracts, a joint venture must be in the form of a separate legal entity.
Source
38 CFR § 74.1
Scoping language
For the purpose of this part, the following definitions apply: