Common use of Participation Goal Clause in Contracts

Participation Goal. 18.3.1 The Participation Goal applicable to this Contract is set forth in Part I, Section 1.11.1. The Participation Goal represents a percentage of the total value of the Contract that may be achieved by awarding subcontracts to firms certified with DSBS as MBE or WBE and/or crediting the participation of the Contractor. 18.3.2 The Participation Goal is a material term of the Contract and the Contractor shall be subject to the Participation Goal. 18.3.3 If the Contractor has demonstrated that it is MBE or WBE, the Contractor shall be permitted to count its own participation toward fulfillment of the Participation Goal, provided that the value of the Contractor’s participation shall be determined by subtracting from the total value of the Contract any amounts that the Contractor pays to direct Subcontractors. The value of an M/WBE Contractor Participation shall be determined by subtracting from the total value of the Contract any amounts that the Contractor will pay to direct Subcontractors. If the Contractor is not an M/WBE, it must meet the Participation Goal through the awarding of subcontracts to firms certified with DSBS as MBEs or WBEs. 18.3.4 A Contractor that is a Qualified Joint Venture (as defined in Section 6-129) shall be permitted to count a percentage of its own M/WBE participation toward fulfillment of the Participation Goal. The value of the Qualified Joint Venture’s participation shall be determined by first subtracting from the total value of the Contract, any amounts that the Qualified Joint Venture will pay to direct Subcontractors. Thereafter, the M/WBE percentage of the Qualified Joint Venture shall be applied to the remaining value of the Contract to determine the overall Participation Goal.

Participation Goal. 18.3.1 The Participation Goal applicable to this Contract is set forth in Part I, Section 1.11.1. The Participation Goal represents a percentage of the total value of the Contract that may be achieved by awarding subcontracts to firms certified with DSBS as MBE MWBE or WBE and/or crediting the participation of the Contractor. 18.3.2 The Participation Goal is a material term of the Contract and the Contractor shall be subject to the Participation Goal. 18.3.3 If the Contractor has demonstrated that it is MBE or WBE, the A Contractor shall be permitted to count its own participation toward fulfillment of the Participation Goal, provided that the value of the Contractor’s participation shall be determined by subtracting subcontracting from the total value of the Contract any amounts that the Contractor pays to direct Subcontractors. The value of an M/WBE Contractor Participation shall be determined by subtracting from the total value of the Contract any amounts that the Contractor will pay to direct Subcontractors. If the Contractor is not an M/WBE, it must meet the Participation Goal through the awarding of subcontracts to firms certified with DSBS as MBEs or WBEs. 18.3.4 A Contractor respondent that is a Qualified Joint Venture (as defined in Section 6-129) shall be permitted to count a percentage of its own M/WBE participation toward fulfillment of the Participation Goal. The value of the Qualified Joint Venture’s participation shall be determined by first subtracting from the total value of the Contract, any amounts that the Qualified Joint Venture will pay to direct Subcontractors. Thereafter, the M/WBE percentage of the Qualified Joint Venture shall be applied to the remaining value of the Contract to determine the overall Participation Goal.