Common use of COUNTING SMALL BUSINESS ENTERPRISE PARTICIPATION Clause in Contracts

COUNTING SMALL BUSINESS ENTERPRISE PARTICIPATION. A. Each Small Business Enterprise (SBE) is subject to a registration procedure to ensure their SBE eligibility prior to the award of contract. In order to facilitate this process, it is advisable for the bidder to furnish the names of proposed SBEs to the Department before bid opening. Once a firm is determined to be a bona fide SBE by the New Jersey Commerce and Growth Commission, the total dollar value of the contract awarded to the SBE is counted toward the applicable goal.