Supplier Relations

Naventure values strong partnerships with suppliers, contractors, subcontractors, consultants, nonprofit organizations, research institutions, and other service providers. We are committed to maintaining transparent, fair, and efficient business relationships that support the successful delivery of projects and services across our recreation and public lands operations.

This page provides key information regarding supplier expectations, project requirements, and points of contact.

Working with Naventure

We seek partners who share our commitment to quality, integrity, safety, sustainability, and responsible stewardship of public resources. Suppliers and project partners are expected to:

  • Deliver goods and services in accordance with agreed-upon specifications and timelines.

  • Comply with all applicable federal, state, and local laws and regulations.

  • Maintain appropriate licenses, certifications, and insurance coverage where required.

  • Submit accurate proposals, invoices, and supporting documentation.

  • Conduct business in an ethical and professional manner.

Indirect Cost & Overhead Policy

To maximize the impact of project funding, Naventure limits reimbursement of indirect costs, Facilities and Administrative (F&A) costs, institutional overhead, and similar administrative expenses to a maximum of 10% of total direct project costs, unless otherwise required by law or specifically approved in writing by Naventure.

This policy applies to:

  • Universities and colleges

  • Research institutions

  • Nonprofit organizations

  • Contractors and subcontractors

  • Consultants

  • Suppliers and vendors

  • Other project partners

Submission of a proposal, quotation, budget, invoice, subcontract agreement, or participation in a Naventure-funded project constitutes acceptance of this limitation.

Naventure reserves the right to determine cost eligibility, review proposed indirect cost calculations, and request supporting documentation as necessary.

Equal Opportunity and Fair Competition

Naventure encourages competition and seeks qualified suppliers from diverse backgrounds and business types. Supplier selections are based on project requirements, qualifications, experience, performance history, safety considerations, and overall value.

Contact our Teams

Questions regarding supplier requirements, project participation, invoicing, procurement opportunities, or the Indirect Cost & Overhead Policy may be directed to our accounting team.

Accounting (Florida)
apfl@naventure.com

Accounting (North Carolina)
appisgah@naventure.com

For general company questions or information, please visit our Contact Us page.