Federal Contracting Acronym
JV
Joint Venture
Plain-English definition
Joint Venture (JV) is a core federal acquisition term used in regulations, solicitations, and contract administration. Socioeconomic and small-business program terms affect eligibility, set-aside competition, and subcontracting plans. Vendors verify representations in SAM.gov and track program-specific certification requirements.
Why it matters
Teams that understand Joint Venture (JV) avoid misinterpreting solicitations, contract clauses, and compliance obligations. It supports clearer bid/no-bid decisions and cleaner proposal compliance.
Where you will see it
Federal notices on SAM.gov, contract attachments, registration systems, audit requests, and internal capture/proposal documentation.
Example in context
When reviewing a solicitation, a contractor confirms how JV is used in the notice, whether related clauses apply, and which internal subject-matter experts should validate the response.