Common use of MBE/WBE Participation Credit Clause in Contracts

MBE/WBE Participation Credit. A. If CONTRACTOR is itself an MBE or WBE, MBE/WBE participation credit shall be given in an amount equal to the entire Total Contract Value less the value of the Services actually performed by other MBE or WBE firms on the Contract. If CONTRACTOR is not an MBE or B. If CONTRACTOR is a joint venture with one or more MBE/WBE joint venturers, MBE/WBE participation credit shall be given to the joint venture as follows: (1) If the joint venture is certified by Supplier Diversity Office (“SDO”) as an MBE or WBE, MBE/WBE participation credit shall be given in an amount equal to the entire Total Contract Value. (2) If the joint venture is not certified as an MBE or WBE by SDO, MBE/WBE participation credit shall be given to the joint venture for the value of the Services that are performed by the MBE/WBE joint venturer(s), and for the value of the Services that is actually performed by each MBE or WBE subcontractor or sub-subcontractor. C. If an MBE/WBE supplies but does not install equipment or materials, MBE/WBE participation credit shall be given only if the MBE/WBE supplier is regularly engaged in sales of equipment or supplies to the construction industry from an established place of business. MBE/WBE participation credit shall be given the full amount of the purchase order only if the MBE/WBE supplier manufactures the goods or substantially alters them before resale. In all other cases, MBE/WBE participation credit shall be given for 15% of the purchase order. D. MBE participation credit shall be given for the work performed by MBEs only, and WBE participation credit shall be given for the work performed by WBEs only. MBE participation may not be substituted for WBE participation, nor may WBE participation be substituted for MBE participation.

Appears in 3 contracts

Samples: Energy Services Agreement, Energy Services Agreement, Energy Services Agreement

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MBE/WBE Participation Credit. A. If CONTRACTOR the Contractor is itself an MBE or WBE, MBE/MBE or WBE participation credit shall be given in an amount equal to the entire Total Contract Value Price less the value of the Services work actually performed by other MBE or WBE firms on the Contract. If CONTRACTOR the Contractor is not an MBE oror WBE, then MBE/WBE participation credit will be given for the value of the Work that is actually performed by each MBE or WBE subcontractor or sub- subcontractor. B. If CONTRACTOR the Contractor is a joint venture with one or more MBE/WBE joint venturers, MBE/WBE participation credit shall be given to the joint venture as follows: (1) If the joint venture is certified by the Massachusetts Supplier Diversity Office (SDO) as an MBE or WBE, MBE/WBE participation credit shall be given in an amount equal to the entire Total Contract ValuePrice. (2) If the joint venture is not certified as an MBE or WBE by the SDO, MBE/WBE participation credit shall be given to the joint venture for the value of the Services Work that are is performed by the MBE/WBE joint venturer(s), and for the value of the Services Work that is actually performed by each MBE or WBE subcontractor or sub-subcontractor. C. If an MBE/WBE supplies but does not install equipment or materials, MBE/WBE participation credit shall be given only if the MBE/WBE supplier is regularly engaged in sales of equipment or supplies to the construction industry from an established place of business. MBE/WBE participation credit shall be given the full amount of the purchase order only if the MBE/WBE supplier manufactures the goods or substantially alters them before resale. In all other cases, MBE/WBE participation credit shall be given for 15% of the purchase order. D. MBE participation credit shall be given for the work performed by MBEs only, and WBE participation credit shall be given for the work performed by WBEs only. MBE participation may not be substituted for WBE participation, nor may WBE participation be substituted for MBE participation.

Appears in 2 contracts

Samples: Construction Contract, Construction Contract

MBE/WBE Participation Credit. A. If CONTRACTOR is itself an MBE or WBE, MBE/WBE participation credit shall be given in an amount equal to the entire Total Contract Value less the value of the Services actually performed by other MBE or WBE firms on the Contract. If CONTRACTOR is not an MBE oror WBE, then MBE/WBE participation credit will be given for the value of the Services that are actually performed by each MBE or WBE subcontractor or sub-subcontractor. B. If CONTRACTOR is a joint venture with one or more MBEMB/WBE joint venturers, MBEM/WBE BWBE participation credit shall be given to the joint venture as follows: (1) If the joint venture is certified by Supplier Diversity Office (“SDO”) as an MBE or WBE, MBE/WBE participation credit shall be given in an amount equal to the entire Total Contract Value. (2) If the joint venture is not certified as an MBE or WBE by SDO, MBE/WBE participation credit shall be given to the joint venture for the value of the Services that are performed by the MBE/WBE joint venturer(s), and for the value of the Services that is are actually performed by each MBE or WBE subcontractor or sub-subcontractor. C. If an MBE/WBE supplies but does not install equipment or materials, MBE/WBE participation credit shall be given only if the MBE/WBE supplier is regularly engaged in sales of equipment or supplies to the construction industry from an established place of business. MBE/WBE participation credit shall be given the full amount of the purchase order only if the MBE/WBE supplier manufactures the goods or substantially alters them before resale. In all other cases, MBE/WBE participation credit shall be given for 15% of the purchase order. D. MBE participation credit shall be given for the work performed by MBEs only, and WBE participation credit shall be given for the work performed by WBEs only. MBE participation may not be substituted for WBE participation, nor may WBE participation be substituted for MBE participation.

Appears in 1 contract

Samples: Energy Services Agreement

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MBE/WBE Participation Credit. A. If CONTRACTOR the Contractor is itself an MBE or WBE, MBE/WBE participation credit shall be given in an amount equal to the entire Total Contract Value less Price. If the Contractor is not an MBE or WBE, then MBE/WBE participation credit will be given for the value of the Services Work that is actually performed by other each MBE or WBE firms on the Contract. If CONTRACTOR is not an MBE orsubcontractor or sub- subcontractor. B. If CONTRACTOR the Contractor is a joint venture with one or more MBE/WBE joint venturers, MBE/WBE participation credit shall be given to the joint venture as follows: (1) If the joint venture is certified by the Massachusetts Supplier Diversity Office (SDO) as an MBE or WBE, MBE/WBE participation credit shall be given in an amount equal to the entire Total Contract ValuePrice. (2) If the joint venture is not certified as an MBE or WBE by the SDO, MBE/WBE participation credit shall be given to the joint venture for the value of the Services Work that are is performed by the MBE/WBE joint venturer(s), and for the value of the Services Work that is actually performed by each MBE or WBE subcontractor or sub-subcontractor. C. If an MBE/WBE supplies but does not install equipment or materials, MBE/WBE participation credit shall be given only if the MBE/WBE supplier is regularly engaged in sales of equipment or supplies to the construction industry from an established place of business. MBE/WBE participation credit shall be given the full amount of the purchase order only if the MBE/WBE supplier manufactures the goods or substantially alters them before resale. In all other cases, MBE/WBE participation credit shall be given for 1510% of the purchase order. D. MBE participation credit shall be given for the work performed by MBEs only, and WBE participation credit shall be given for the work performed by WBEs only. MBE participation may not be substituted for WBE participation, nor may WBE participation be substituted for MBE participation.

Appears in 1 contract

Samples: Construction Contract

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