“Contractor Team Agreement” means a Contractor Team Agreement (CTA) in the Federal Procurement Calendar under which an agreement is entered into between two or more Schedule Contractors who work together to meet the Agency`s requirements. In the case of a main contract /subcontractor, the contractual ownership belongs exclusively to the main contractor. The prime contractor is therefore responsible for all products and services provided by the subcontractor. In this scenario, public procurement authorities are often asked to indicate that the contract agent (CO) authorises the use of subcontractors before they can provide the service. Watson & Associates` lawyers and government contract law consultants help small businesses and large DOD contractors nationwide circumvent regulators` landmine contractors` association agreements. These include: Knowing when to use a team agreement also means knowing what work needs to be passed on to the subcontractor/team partner. For example, the work-sharing language of your CTA Association Agreement cannot violate the restrictions of the subcontracting regulations. These and other legal issues should be considered when drafting a team agreement. Each agreement may require its own terms to ensure that both parties are fully protected and that the requirements of the work are met.
In the legal sense, the company that has the right to set the conditions and assume responsibility is the owner of the contract. In a CTA, the validity of the contract belongs to each team member and, therefore, each team member can interact with the federal government. Under the terms of the agreement, each member is fully responsible for all obligations set out in the CTA document. This means that in the event that the obligations of the contract are not fulfilled, both companies can be held fully liable and can be subject to all penalties. .