A teaming agreement sets expectations between a prime and a subcontractor before award. Too many are vague.
Must address
Workshare: what percentage and which tasks. Exclusivity: can either party team with others. What happens at award: a binding commitment to subcontract, not just an intent. Term and termination.
Common failures
Agreements to agree later. Workshare described in percentages with no task definition. No commitment that survives award.
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Have counsel review before signing. Beacon helps clients structure teaming relationships that hold.