The GAO estimates that 27 percent of DoD mentor-protégé agreements are deficient.
In a comprehensive new report, the GAO says that many active DoD mentor-protégé agreements are missing basic (and necessary) information, like the protégé’s primary NAICS code. Also missing, in some cases: the parties’ signatures.
The GAO’s report, titled “Small Business Contracting: DoD Should Take Actions to Ensure That Its Pilot Mentor-Protégé Program Enhances the Capabilities of Protégé Firms,” begins with an excellent background on the history of the DoD mentor-protégé program, and the legal relationship between the DoD program and SBA’s new All Small Mentor-Protégé Program (spoiler alert: there isn’t one; the two programs are separate and independent). The GAO then explains the many required elements of a DoD mentor-protégé agreement, such as an assessment of the protégé’s needs, a description of the specific assistance the mentor will provide to the protege, and so on.
However, many of the active DoD mentor-protégé agreements are missing some of the required elements.
Keep reading this article at: http://smallgovcon.com/uncategorized/27-percent-of-dod-mentor-protege-agreements-are-deficient-gao-says/