![]() ![]() The protégé must perform at least 40% of the work done by the joint venture partners in the aggregate. The MP joint venture entity must perform at least 51% of the work of the total contract. For any 8(a) contract, or a non-8(a) contract for which the MP joint venture seeks an exclusion from affiliation, the MP joint venture must perform the applicable percentage of work required by §124.510 and §124.513(d).Additionally, after contract performance is complete, the protégé must submit a report to its servicing SBA district office explaining how the applicable performance requirements were met. The protégé must report on all assistance provided by the mentor annually, and must describe in detail all federal contracts awarded to the MP joint venture. ![]() SBA will review the MP relationship annually for compliance. It will not be approved if the SBA determines that the assistance to be provided is not sufficient to promote any real developmental gains for the protégé, or if SBA determines that the agreement is merely a vehicle to enable the mentor to receive 8(a) contracts. The agreement must be approved by the SBA. The mentor must commit to provide such assistance for at least one year, among other requirements.
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