JOINT VENTURE MANAGEMENT | Independent Business Service Integrator
There is a certain size at which conventional teaming structures, like the populated JV or Prime-sub arrangement, become unmanageable and cost prohibitive – in other words, you can’t win by price or best value. This is where the efficiency of properly structured Unpopulated Joint Venture (or U-JV for short) comes into play. And, don’t be fooled – the U-JV is not an ‘add-water-and-stir’ structure; just like driving a Ferrari properly requires a certain level of expertise; so does managing a U-JV.
In the performance of a contract; contract administration, compliance, and performance reporting requirements are applicable to the contracting entity irrespective of the business formation. The U-JV is held to the same standards of compliance, reporting, and execution as any other “populated” business. This business framework offers the government a “best value” solution by providing streamlined contract management (a single contract privity approach) at reduced cost (best value) as compared to the traditional “tiered” prime/subcontractor relationships.
The U-JV does not have W-2 employees; the founding members/partners enter into subcontract agreements with the LLC to fulfill the contract requirements by providing labor or performance of specific tasks. In our capacity of an independent business services integrator (BSI), which is a program management office (PMO) function; Aljucar & Co. performs all of the necessary and traditional back-office business functions such as job cost accounting, contract/subcontract management, change management, internal/external performance reporting, compliance reporting, etc. of a normal populated business, while controlling and limiting the flow of proprietary data between the member firms of the JV.
The result is transparency, accountability, and reportability (TAR) of data and information flow to the government. Our goal is to protect the individual member company’s business sensitive and proprietary data from one another because they are competitors outside the JV; and still provide the seamless external TAR. This is done through adherence to Federal Acquisition Regulation (FAR), generally accepted accounting principles (GAAP), Cost Accounting Standards (CAS), earned-value management (EVM), and other government TAR requirements.
The strong management team AA-I & Co. has in place is supplemented with creative and proven teaming strategies using subject matter experts (the Alliance) for providing in depth, specialized expertise, and surge capabilities to ensure effective implementation of our technical solutions.
Our Alliance framework offers a broad range of Program Management Services. Our team of experienced professionals provide the leadership and oversight our clients need consisting of multiple projects including project identification, design, development, and delivery. We will ensure project schedules are met and system resources are used effectively and that all required resources including manpower, production standards, computer time, and facilities are available for program implementation. Our Program Managers serve as a focal point-of-contact with the client regarding program activities making sure to operate within client guidance, contractual limitations, and Company business and policy directives. Specific support areas include but are not limited to:
Formulation of Acquisition Planning Strategies for Equipment and Training
Development of Program Acquisition and Financial Documents
Facilitate Milestone and IPT Reviews, TEMP Development, Contracting Sessions
Development and Maintenance of Current and Out-Year Planning Documents
Development and Tracking of Project Schedules
Program management answers the growing need for structure and methods as applied to the management of a portfolio of concurrent projects. Under leading PMO models, a PMO establishes a normalized project environment and the corresponding level of support in the areas of planning, organization, and control of multiple projects.