Joint Venture Policy - Bristol Organizations
A. A joint venture partner is generally not a grantee or subgrantee and, accordingly, is not required to follow 24 CFR Parts 84 or 85 in procuring supplies or services. The exception to this general rule applies if the joint venture partner is a subsidiary, affiliate or identity-of- interest party of the PHA. (See Section 14.6.B below.) B. ................
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