Common use of Disadvantaged Business Enterprise Clause in Contracts

Disadvantaged Business Enterprise. (DBE) - a certified business that is at least fifty-one percent (51%) owned by socially and economically disadvantaged individuals, or, in the case of a publicly owned business at least fifty-one percent (51%) of the stock is owned by one or more socially and economically disadvantaged individuals; and (2) whose daily business operations are managed and directed by one or more socially and economically disadvantaged owners.

Appears in 3 contracts

Samples: Sole Source Agreement, Sole Source Agreement, Sole Source Agreement

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Disadvantaged Business Enterprise. or DBE is a for-profit small business concern (DBEa) - a certified business that is at least fifty-one percent (51%) % owned by one or more individuals who are both socially and economically disadvantaged individuals, or, in the case of a publicly owned business corporation, in which at least fifty-one percent (51%) % of the stock is owned by one or more such individuals; and (b) whose management and daily business operations are controlled by one or more of the socially and economically disadvantaged individuals; and (2) whose daily business operations are managed and directed by one or more socially and economically disadvantaged ownersindividuals who own it.

Appears in 1 contract

Samples: Indefinite Quantity Contract

Disadvantaged Business Enterprise. A DBE is a for-profit, small business concern: (DBEA) - a certified business that That is at least fifty-one percent (51%) owned by one or more socially and economically disadvantaged individuals, or, in the case of a publicly owned business any corporation, whose stock is at least fifty-one percent (51%) of the stock is owned by one or more socially and economically disadvantaged individuals; and (B) Whose management and (2) whose daily small business operations are managed and directed controlled by one or more of the socially and economically disadvantaged ownersindividuals who own it.

Appears in 1 contract

Samples: Request for Proposal

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Disadvantaged Business Enterprise. (DBE) - A DBE is a certified for-profit, small business that concern: 1. That is at least fifty-one percent (51%) owned by one or more individuals who are both socially and economically disadvantaged individualsdisadvantaged, or, in the case of a publicly owned business at least corporation, in which fifty-one percent (51%) of the stock is owned by one or more such individuals; and 2. Whose management and daily business operations are controlled by one or more of the socially and economically disadvantaged individuals; and (2) whose daily business operations are managed and directed by one or more socially and economically disadvantaged ownersindividuals who own it.

Appears in 1 contract

Samples: Professional Services

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