DBE/ACDBE Participation in Joint Ventures - Metropolitan ...
DBE/ACDBE Participation in Joint Ventures - Metropolitan ...
DBE/ACDBE Participation in Joint Ventures - Metropolitan ...
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Components of a JV agreement<br />
• Important components that should be<br />
<strong>in</strong>cluded <strong>in</strong> the JV agreement are:<br />
– Identification of the participants<br />
– Identification of the bus<strong>in</strong>ess enterprise<br />
– Term of the agreement<br />
– Capital contributions<br />
– Account<strong>in</strong>g methods<br />
– Management of the bus<strong>in</strong>ess<br />
– Adm<strong>in</strong>istrative matters<br />
– Dissolution<br />
Jo<strong>in</strong>t Venture Guidance<br />
November 13, 2009<br />
Federal Aviation<br />
Adm<strong>in</strong>istration