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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Why JVs<br />
• Why were jo<strong>in</strong>t ventures popular<br />
vehicles for fulfill<strong>in</strong>g MBE/WBE goals <strong>in</strong><br />
the early years of the program<br />
– They were easy to implement<br />
– They were cheap<br />
– They were the least risky<br />
• Protection from failure<br />
• Protection from creat<strong>in</strong>g competition<br />
• Control of profits<br />
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