The Benefits of a Teaming Agreement
Under Schedule CTAs, contractors complement each other and it allows teams to compete for orders for which they may not qualify independently. Government contractors may establish a team arrangement with another company as part of a contract win strategy.
Such arrangements represent a common way to combine complementary capabilities and resources to compete effectively for contracts. In essence, a team arrangement moves a potential subcontractor’s active involvement forward into the pursuit stage.
By using a CTA, government buyers can:
Get a total solution by contractors who team together to complement each other
Satisfy socioeconomic procurement goals.
By forming a CTA, contractors can:
Compete for contracts which they wouldn’t otherwise qualify
Increase their market share and become more competitive
Reduce risk by sharing responsibilities with other team members
Focus on the supplies and services that best match their company’s resources and strengths
Find greater success as a small and/or disadvantaged business