The document discusses the LeapFrog Solutions Team FloodSmart JV, LLC (LFSTF JV) joint venture. It defines a joint venture and its advantages, including presenting a single face to the government while drawing on multiple companies' resources. The LFSTF JV structure establishes LeapFrog Solutions as the managing member. It also outlines voting requirements and financial provisions to ensure the joint venture is properly governed and managed to achieve its limited purpose of responding to a specific RFP.
Debentures its types and Methods of Redemption of DebenturesGyananjaya Behera
This slides are the presentation of Debentures and its types and various types of Redemption of Debentures Methods and the various sources of redemption. All the details are mentioned in short for the presentation purpose.
This deck consists of total of seventy slides. It has PPT slides highlighting important topics of Investment Portfolio Management Power Point Presentation Slides . This deck comprises of amazing visuals with thoroughly researched content. Each template is well crafted and designed by our PowerPoint experts. Our designers have included all the necessary PowerPoint layouts in this deck. From icons to graphs, this PPT deck has it all. The best part is that these templates are easily customizable. Just click the DOWNLOAD button shown below. Edit the colour, text, font size, add or delete the content as per the requirement. Download this deck now and engage your audience with this ready made presentation.
The Strengths and Weaknesses Fundamental Analysis | Dhanashi Academy Dhanashri Academy
A fundamental analysis is all about getting an understanding of a company, the health of its business and its future projection. It includes reading and analyzing yearly reports and financial statements to get an understanding of the company's comparative advantages, competitors and its market environment.
Debentures its types and Methods of Redemption of DebenturesGyananjaya Behera
This slides are the presentation of Debentures and its types and various types of Redemption of Debentures Methods and the various sources of redemption. All the details are mentioned in short for the presentation purpose.
This deck consists of total of seventy slides. It has PPT slides highlighting important topics of Investment Portfolio Management Power Point Presentation Slides . This deck comprises of amazing visuals with thoroughly researched content. Each template is well crafted and designed by our PowerPoint experts. Our designers have included all the necessary PowerPoint layouts in this deck. From icons to graphs, this PPT deck has it all. The best part is that these templates are easily customizable. Just click the DOWNLOAD button shown below. Edit the colour, text, font size, add or delete the content as per the requirement. Download this deck now and engage your audience with this ready made presentation.
The Strengths and Weaknesses Fundamental Analysis | Dhanashi Academy Dhanashri Academy
A fundamental analysis is all about getting an understanding of a company, the health of its business and its future projection. It includes reading and analyzing yearly reports and financial statements to get an understanding of the company's comparative advantages, competitors and its market environment.
Presenting this set of slides with name - Financial Instruments Powerpoint Presentation Slides. Our topic specific Financial Instruments Powerpoint Presentation Slides presentation deck contains thirtyfour slides to formulate the topic with a sound understanding. This PPT deck is what you can bank upon. With diverse and professional slides at your side, worry the least for a powerpack presentation. A range of editable and ready to use slides with all sorts of relevant charts and graphs, overviews, topics subtopics templates, and analysis templates makes it all the more worth. This deck displays creative and professional looking slides of all sorts. Whether you are a member of an assigned team or a designated official on the look out for impacting slides, it caters to every professional field.
Objectives & Agenda :
Issue by way of private placement of debentures provides a reliable source of finance to meet the long term funding needs of an enterprise. It can be issued by public and private companies. The webinar covers the statutory provisions under Companies Act, 2013 for issue of debentures on private placement basis, various procedures, compliance aspects involved and judicial precedents.
What is the Certificate of Commencement of BusinessLegal Raasta
Certificate of Commencement of Business under Companies Act, 2013, Companies Act 1956.
To know more About What is the Certificate of Commencement of Business, visit https://www.legalraasta.com/
Call Money
Notice Money
Definition of Call Money
Definition of Notice Money
FEATURES OF CALL MONEY
CALL MONEY MARKET
REASONS FOR EXISTENCE OF CALL MONEY
IMPACT OF CALL MONEY
Presenting this set of slides with name - Financial Instruments Powerpoint Presentation Slides. Our topic specific Financial Instruments Powerpoint Presentation Slides presentation deck contains thirtyfour slides to formulate the topic with a sound understanding. This PPT deck is what you can bank upon. With diverse and professional slides at your side, worry the least for a powerpack presentation. A range of editable and ready to use slides with all sorts of relevant charts and graphs, overviews, topics subtopics templates, and analysis templates makes it all the more worth. This deck displays creative and professional looking slides of all sorts. Whether you are a member of an assigned team or a designated official on the look out for impacting slides, it caters to every professional field.
Objectives & Agenda :
Issue by way of private placement of debentures provides a reliable source of finance to meet the long term funding needs of an enterprise. It can be issued by public and private companies. The webinar covers the statutory provisions under Companies Act, 2013 for issue of debentures on private placement basis, various procedures, compliance aspects involved and judicial precedents.
What is the Certificate of Commencement of BusinessLegal Raasta
Certificate of Commencement of Business under Companies Act, 2013, Companies Act 1956.
To know more About What is the Certificate of Commencement of Business, visit https://www.legalraasta.com/
Call Money
Notice Money
Definition of Call Money
Definition of Notice Money
FEATURES OF CALL MONEY
CALL MONEY MARKET
REASONS FOR EXISTENCE OF CALL MONEY
IMPACT OF CALL MONEY
The current Federal environment requires creativity, drive and passion to succeed. Part of this creativity manifests itself in the strategies your company employs to continue its growth or maintain its current position. A number of CEOs have asked GTSC about joint ventures - why you would choose to form one, how they are formed, the different types and the legal considerations.
Join us to hear from several small businesses that formed joint ventures and engage with them to learn how they did it, why, and whether or not they would do it again. Also, hear from some of the leading industry experts on the legal and operational considerations to consider in setting up your joint venture.
About the GTSC Market Solutions Series
The Market Solutions Series provides an inside look at creative successful interactions in the Federal homeland and national security market. These intimate roundtables take members inside the "story" and allow them to understand the market components and forces that resulted in success. The Market Solution Series was developed in response to members who were interested in creative ways to partner and team to win business with the Federal government.
Our Speakers:
Devon E. Hewitt, Member, Protorae Law PLLC, guest of LeapFrog Solutions
Lisa Martin, CEO, LeapFrog Solutions
Brian Nault, President, BlueWater Federal Solutions
Malcolm Sandilands, Partner, Dickstein Shapiro LLP
Related Party Transactions by Dipti Mehta Partner Mehta & Mehta Company Secretary
Both under the 2013 Act , requirements concerning related party transactions may be divided into four key parts, viz., identification of related parties, related party transactions, approval process and disclosure requirements. It is clear from discussion below that in most cases, The definition of ‘related party’ under RC49 is likely to result in identification of significantly higher number of related party. Unlike the 2013 Act, RC49 does not exempt related party transactions from special resolution of disinterested shareholders based on criteria, viz., (i) transaction is in the ordinary course of business and at arm’s length, or (ii) prescribed threshold regarding transaction value and share capital are not breached.
Disclaimer: Disclaimer: This presentation is based on my internal research. It is notified that the presenter and any other person related to him shall be responsible for any damage or loss of any action taken based on this presentation. It is suggested to seek professional advice before initiating any action.
Attorney Edward J. Castellani recently spoke at the Michigan Association of Certified Public Accountants Nonprofit Conference on "Merger of Nonprofit Corporations – Legal and Accounting Issues". The presentation addressed how two nonprofits can legally merge into one nonprofit entity. He also addressed the appropriate steps that need to be taken by both directorship and membership corporations mergers to be approved by the Attorney General.
This topic discusses the Companies Act, 2013 with respect to the getting the approval of Board and Company to facilitate the related party transactions in a Company .
Non-profit, non-partisan Government Technology & Services Coalition shares its 2020 Annual Report. The Report outlines new programming, expanded offerings, and online resources developed for their members despite COVID 19.
A review and description of the 2019 activities and programs of the Government Technology & Services Coalition and Homeland Security Today media platform.
The 2019 Annual Report for the Government Technology & Services Coalition outlines the purpose, mission, activities, members and accomplishments of the non-profit homeland security organization. GTSC is also the owner of Homeland Security Today media platform.
At the Government Technology & Service Coalition's Transportation Security meeting, Mara Winn, Acting Director of TSA's Innovation Task Force describes the ITF, its mission and process.
The Government Technology & Services Coalition (GTSC) is a nonprofit, non-partisan association of innovative, agile small and midsized company CEOs that create, develop, and implement solutions for the Federal homeland and national security sector. These CEOs founded the Coalition to band together to work with their Federal partners to achieve their mission despite significant budget challenges by bringing the innovation, creativity and exceptionalism of successful small businesses to the homeland and national security mission. These CEOs — many former government officials — joined together to share best practices, information and resources to lead the initiatives and solutions that would bring the best of our community together to protect our homeland.
This annual report explores the activities and programs for the membership and the broader homeland security community.
GTSC IRS Day 2019 - Criminal Investigations - Eric Hylton, Deputy Chief, Criminal Investigation, IRS and Panel: D. Richard Goss, Acting Deputy Director of International Operations, Criminal Investigation, IRS Jarod Koopman, Director of Cyber Crimes, Criminal Investigation, IRS
Patty MacNaught, Director of Technology Operation and Investigative Services, Criminal Investigation, IRS
Justin Cole, Director of Communications, Criminal Investigation, IRS
GTSC Day (formally know as ICE Day) was held in Arlington, VA, on February 28, 2019. GTSC took a deep-dive into one of the most pressing political issues of the day -Immigration and Customs Enforcement.
GTSC brought together leaders from across the component and the private sector to discuss current initiatives, challenges and areas of collaboration to achieve the nation's immigration challenges.
Samuel Grabel, Chief Financial Officer, Office of Finance, Enterprise Services, U.S. Customs and Border Protection - Powerpoint Slides from CBP Day 2018
A process server is a authorized person for delivering legal documents, such as summons, complaints, subpoenas, and other court papers, to peoples involved in legal proceedings.
This session provides a comprehensive overview of the latest updates to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (commonly known as the Uniform Guidance) outlined in the 2 CFR 200.
With a focus on the 2024 revisions issued by the Office of Management and Budget (OMB), participants will gain insight into the key changes affecting federal grant recipients. The session will delve into critical regulatory updates, providing attendees with the knowledge and tools necessary to navigate and comply with the evolving landscape of federal grant management.
Learning Objectives:
- Understand the rationale behind the 2024 updates to the Uniform Guidance outlined in 2 CFR 200, and their implications for federal grant recipients.
- Identify the key changes and revisions introduced by the Office of Management and Budget (OMB) in the 2024 edition of 2 CFR 200.
- Gain proficiency in applying the updated regulations to ensure compliance with federal grant requirements and avoid potential audit findings.
- Develop strategies for effectively implementing the new guidelines within the grant management processes of their respective organizations, fostering efficiency and accountability in federal grant administration.
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
ZGB - The Role of Generative AI in Government transformation.pdfSaeed Al Dhaheri
This keynote was presented during the the 7th edition of the UAE Hackathon 2024. It highlights the role of AI and Generative AI in addressing government transformation to achieve zero government bureaucracy
Understanding the Challenges of Street ChildrenSERUDS INDIA
By raising awareness, providing support, advocating for change, and offering assistance to children in need, individuals can play a crucial role in improving the lives of street children and helping them realize their full potential
Donate Us
https://serudsindia.org/how-individuals-can-support-street-children-in-india/
#donatefororphan, #donateforhomelesschildren, #childeducation, #ngochildeducation, #donateforeducation, #donationforchildeducation, #sponsorforpoorchild, #sponsororphanage #sponsororphanchild, #donation, #education, #charity, #educationforchild, #seruds, #kurnool, #joyhome
1. 1
ONE VOICE
Review of a Joint Venture
LeapFrog Solutions Team FloodSmart JV, LLC
(LFSTF)
2. What Is A Joint Venture (JV)?
Contractor Team Arrangement under FAR Part 9.6
“Contractor Team Arrangement” defined as (1) partnership/joint venture or (2)
prime/sub
Distinguishable from GSA use of Contractor Team Arrangement (“CTA”)
FAR states that “the Government will recognize the integrity and validity of
contractor team arrangements”
Joint Venture Definition per SBA:
“[A]n association of individuals and/or concerns … consorting to engage in and carry out no
more than [(3) three] specific or limited purpose business ventures for joint profit over a [(2) two]
year period, for which purpose they combine their efforts, property, money, skill, or knowledge,
but not on a continuing or permanent basis for conducting business generally.”
3 in 2 rule; “limited purpose entity”
Up to 3 contract awards
Limited purpose
During a 2 Year period
2
3. Advantages of a JV
One face to the Govt., yet the Govt. receives
the resources of 2 or more companies to
perform the work
JV members can exert more control over
contract performance than if they were
subcontractors
Members get “prime” past performance record
Small business can remain “small” longer
3
4. Disadvantages of a JV
Joint and several liability if partnership (we are
a LLC)
Govt. may be concerned there is no single
point of contact, unless there is a solid
governance model with a managing/lead
member
More complex and costly to the contractor (not
the government) than a Prime/Sub approach
Legal Fees
4
5. LFS Team FloodSmart JV, LLC
5
LFS
(60%)
Blue Water Media
(30%)
Spurrier
Media
(10%)
Unpopulated JV
Government (GOVT)
Company B
(30%)
LFS
(60%)
Company C
(10%)
8. LFSTF JV Legal Structure
Limited Purpose: “The Company is formed for the purpose of submitting a Proposal in
response to the RFP and performing any resulting Contract, and not for any other purpose,
it being expressly understood the Members are not making any permanent Membership or
joint venture or any other agreement for any purpose other than the one stated herein.”
Formal legal entity – Limited Liability Company
Separate Federal ID #, Separate SAM (formerly CCR, ORCA)
Unpopulated – no employees
No separate overhead (workman’s comp., benefits – employees get use of
managing members benefits)
No G&A
Governance by managing lead member
Labor will be performed by Member employees pursuant to Purchase
Order/Subcontract between JV and Member
Management and Management Fee paid pursuant to Services Agreement with
Lead/Managing Member
File articles of organization with the state
8
9. JV Management Provisions
Most JV LLCs are Member Managed and Majority Member appoints
Manager to conduct business of JV
Manager’s authority may be limited by voting provisions of Operating
Agreement
LFSTF JV is Member Managed but contract issues are managed by
individuals appointed by Members
Appointment of “Lead Member” (LFS)
Appointment of “Program Manager” (LFS Employee)
LFSTF JV requires Members to exercise management control through
voting
9
10. LFSTF JV Voting Provisions
Membership Interest
Members vote in relative proportion to their ownership stake in the JV
Quarterly Meetings
Need meeting with a quorum, which is presence at the meeting of 70%
of the Membership Interests
Voting Requirements
Simple Majority (>50% of JV membership interests)
Super Majority (>70% of JV membership interests)
Unanimous Consent (all members agree and vote in same manner)
10
11. Simple Majority (>50% of JV membership interests)
Primarily contract issues, including operations, administration and
management
11
LFSTF JV Voting Provisions
12. Super Majority (>70% of JV membership interests)
Appointment or replacement of the Program Manager
Releasing, compromising, assigning, or transferring any claims,
rights, or benefits of the JV in an amount up to $5,000 per month; or
Expulsion of a Member upon motion of the Lead/Managing Member,
using its discretion in good faith to assert such Member is no longer
capable of providing the technical expertise or providing the
necessary management of the contract
12
LFSTF JV Voting Provisions
13. Unanimous Consent (all members agree and vote in the same manner)
Modification of the contract;
Taking any act in contravention of the Operating Agreement;
Appointment of the Lead/Managing Member;
Requiring any Member to contribute any additional capital to the JV;
Causing or permitting the JV to extend credit to or to make any loans;
Causing or permitting the JV to incur any indebtedness to any party
Releasing, compromising, assigning, or transferring any claims,
rights, or benefits of the JV in excess of $5,000 per month; or
Distributing any cash or property of the JV, other than as expressly
provided in the Operating Agreement, or pursuant to the contract or
any subcontract
13
LFSTF JV Voting Provisions
14. LFSTF JV Financial Provisions
JV is, for the most part, a pass-through vehicle
Capital Contribution reflecting pro rata Membership Interest required
Lead/Managing Member keeps Books and Records of JV
Members able to audit/inspect Books and Records
Lead/Managing Member authorized to make withdrawals from JV Bank Account
Company prepares Financial Statements for Members
Annual Financial Statements reviewed by CPA
Lead/Managing Member responsible for invoicing Customer
Lead/Managing Member Tax Member
JVs that are LLCs typically are taxed as a partnership
14
15. Attributes of a Successful JV
“Shared Vision”
Focus on Customer
Understanding of JV purpose
Understanding of JV agreement
Written Agreement
Clear roles for Members with respect to management of JV operations,
management of contract operations, management of books/records
and finances
Clear language regarding voting
Clear language regarding termination, dispute resolution
15
16. Attributes of an Unsuccessful JV
No Single Objective
No Single Point of Contact
No Lead Member/Manager
No Written Agreement/General Agreement
Different expectations of Members
Different corporate cultures/operational styles
Imbalance in expertise/resources/investment by Members
16
17. Attributes of LFSTF JV
17
3 Companies: ONE JV
3 Companies: ONE MISSION
3 Companies: ONE VOICE