![]() Proof of bonding capacity for each member of the JV (i.e.list of past or current projects that are similar to the project scope of the opportunity the JV wishes to pursue) Each member must demonstrate that the JV has the competence and expertise necessary to perform the type of work in connection with the opportunity the joint venture wishes to be certified (i.e. Documentation demonstrating past project performance of the businesses within the JV.The most current audited or reviewed financials for the non-CBE member(s).Resumes for the key personnel of the joint venture.Work performance and Labor and Profit breakdown spreadsheet (see exhibit 2).Executed Addendum to the JV Agreement (see exhibit 1).Executed JV Agreement between companies.To apply for certification of a JV, the following documents must be submitted to DSLBD via courier or email, to the attention of DSLBD's Certification Division, for review: Important Notice: The Department does not certify joint ventures to meet small and certified business enterprise subcontracting requirements or to meet the small and certified business equity and development participation requirements. The DSLBD determines the eligibility of a JV for certification on a contract-by-contract basis. Determination of a joint venture certification If one or more of the businesses associated in a JV is a certified business enterprise (CBE), the JV may qualify to be certified under the Department of Small and Local Business Development's (DSLBD) CBE program. Are you interested in a sports wagering JV? CLICK HERE for information on forming a joint venture for a sports wagering license. The association is limited in scope and duration. ![]() ![]() A joint venture (JV) is an association of two or more businesses temporarily formed to carry out a single business activity or project for profit in which they combine their property, capital, efforts, skill and knowledge. ![]()
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