DBE/ACDBE Participation in Joint Ventures - Metropolitan ...

Are service and management fees
acceptable
• Yes, subject to some restrictions.
• The JV agreement should state that payment of
management fees are dependent upon a
participant’s contribution to the “indirect”
management of the operation.
• The fees charged should represent a recovery of
costs and not profit to the non-ACDBE.
Joint Venture Guidance
November 13, 2009
Federal Aviation
Administration