Common use of Participation Goal Clause in Contracts

Participation Goal. The Developer will make good faith efforts to promote that MBE’s and WBE’s have maximum practicable opportunity to participate in Development of the Project; thereby, establishing a combined twenty percent (20%) MBE and WBE Participation Goal. Participation Goals may be adjusted depending on the availability of experienced, qualified, properly licensed, bondable, and adequately insured MBE’s and WBE’s with the financially ability to perform all or part of the contract at competitive pricing for work within the Project.

Appears in 4 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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