What is a Teaming Agreement?

Government contracts are a very profitable opportunity for any sized business. Companies get these contracts by first bidding on them. If won, the chosen company may need to outsource help in completing the job.

For the most part, a teaming agreement will involve a single large company as the primary contractor and the companies working for them as the subcontractors.

A lawyer should edit, negotiate and review a teaming agreement before it is signed by either party. With these safeguards in place, a party is less likely to violate the teaming agreement. And if they do, you will be more prepared to defend yourself in court.