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, 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 time (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.

Appears in 2 contracts

Samples: Subcontract Agreement, Subcontract Agreement

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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, if 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 (Attachments K and L)time, 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.

Appears in 2 contracts

Samples: Subcontract Agreement, Indefinite Quantity Subcontract Agreement

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, if 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 (Attachments K L and LM), unless compliance has been waived in writing by VEIC. FAILURE TO SUBMIT Failure to submit CBE COMPLIANCE REPORTING WILL RESULT IN PAYMENTS HEREUNDER BEING WITHHELD BY VEIC UNTIL SUBCONTRACTOR IS IN COMPLIANCEcompliance reporting will result in delayed or non-payment.

Appears in 1 contract

Samples: Subcontract Agreement

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, 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 time (Attachments K I and LJ), unless compliance has been waived in writing by VEIC. FAILURE TO SUBMIT Failure to submit CBE COMPLIANCE REPORTING WILL RESULT IN compliance reporting will result in PAYMENTS HEREUNDER BEING WITHHELD BY VEIC UNTIL SUBCONTRACTOR IS IN COMPLIANCE.

Appears in 1 contract

Samples: Subcontract Agreement

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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, 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 time (Attachments K and L), unless compliance has been waived in writing by VEIC. FAILURE TO SUBMIT Failure to submit CBE COMPLIANCE REPORTING WILL RESULT IN compliance reporting will result in PAYMENTS HEREUNDER BEING WITHHELD BY VEIC UNTIL SUBCONTRACTOR IS IN COMPLIANCE.IS

Appears in 1 contract

Samples: Subcontract Agreement

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