Common use of Certified Business Enterprises Clause in Contracts

Certified Business Enterprises. VEIC is required under the Prime Contract to be a signatory to the CERTIFIED BUSINESS ENTERPRISE PARTICIPATION AND UTILIZATION AGREEMENT, Article I, Section 1.1 Utilization of Certified Business Enterprises, with the DSLBD (the “CBE Agreement”). In order to ensure that VEIC meets its requirements under the CBE Agreement, Subcontractor must certify on the signature page hereto as to its CBE status. In addition, in the event that Subcontractor has contracts with VEIC totaling in excess of five thousand dollars ($5,000.00), Subcontractor must comply with all CBE Agreement compliance reporting requirements as provided by VEIC from time to time, unless compliance has been waived by VEIC.

Certified Business Enterprises. VEIC is required under the Prime Contract to be a signatory to the CERTIFIED BUSINESS ENTERPRISE PARTICIPATION AND UTILIZATION AGREEMENT, Article I, Section 1.1 Utilization of Certified Business Enterprises, with the DSLBD (the “CBE Agreement”). In order to ensure that VEIC meets its requirements under the CBE Agreement, Subcontractor must certify on the signature page hereto as to its CBE status. In addition, in the event that if Subcontractor has contracts with VEIC totaling in excess of five thousand dollars ($5,000.00), Subcontractor must comply with all CBE Agreement compliance reporting requirements as provided by VEIC from time to timetime (Attachments K and L), unless compliance has been waived in writing by VEIC. FAILURE TO SUBMIT CBE COMPLIANCE REPORTING WILL RESULT IN PAYMENTS HEREUNDER BEING WITHHELD BY VEIC UNTIL SUBCONTRACTOR IS IN COMPLIANCE.

Certified Business Enterprises. VEIC is required under the Prime Contract to be a signatory to the CERTIFIED BUSINESS ENTERPRISE PARTICIPATION AND UTILIZATION AGREEMENT, Article I, Section 1.1 Utilization of Certified Business Enterprises, with the DSLBD (the “CBE Agreement”). In order to ensure that VEIC meets its requirements under the CBE Agreement, Subcontractor must certify on the signature page hereto as to its CBE status. In addition, in the event that if Subcontractor has contracts with VEIC totaling in excess of five thousand dollars ($5,000.00), Subcontractor must comply with all CBE Agreement compliance reporting requirements as provided by VEIC from time to timetime (Attachments K and L), unless compliance has been waived in writing by VEIC.. Failure to submit CBE compliance reporting will result in PAYMENTS HEREUNDER BEING WITHHELD BY VEIC UNTIL SUBCONTRACTOR IS

Certified Business Enterprises. VEIC is required under the Prime Contract to be a signatory to the CERTIFIED BUSINESS ENTERPRISE PARTICIPATION AND UTILIZATION AGREEMENT, Article I, Section 1.1 Utilization of Certified Business Enterprises, with the DSLBD (the “CBE Agreement”). In order to ensure that VEIC meets its requirements under the CBE Agreement, Subcontractor must certify on the signature page hereto of this Subcontract as to its CBE status. In addition, in the event that if Subcontractor has contracts with VEIC totaling in excess of five thousand dollars ($5,000.00), Subcontractor must comply with all CBE Agreement compliance reporting requirements as provided by VEIC from time to timetime (Attachments I and J), unless compliance has been waived in writing by VEIC. Failure to submit CBE compliance reporting will result in PAYMENTS HEREUNDER BEING WITHHELD BY VEIC UNTIL SUBCONTRACTOR IS IN COMPLIANCE.

Certified Business Enterprises. VEIC is required under the Prime Contract to be a signatory to the CERTIFIED BUSINESS ENTERPRISE PARTICIPATION AND UTILIZATION AGREEMENT, Article I, Section 1.1 Utilization of Certified Business Enterprises, with the DSLBD (the “CBE Agreement”). In order to ensure that VEIC meets its requirements under the CBE Agreement, Subcontractor must certify on the signature page hereto as to its CBE status. In addition, in the event that Subcontractor has contracts with VEIC totaling in excess of five thousand dollars ($5,000.00), Subcontractor must comply with all CBE Agreement compliance reporting requirements as provided by VEIC from time to timetime (Attachments L and M), unless compliance has been waived by VEIC. Failure to submit CBE compliance reporting will result in delayed or non-payment.