Common use of TGB or VET Clause in Contracts

TGB or VET. does not perform a commercially useful function if its role is limited to that of an extra participant in a transaction, contract, or project through which the funds are passed in order to obtain the appearance of TGB or VET participation. In determining whether a TGB or VET is such an extra participant, MnDOT may examine similar transactions, particularly those in which TGB or VET firms do not participate.

Appears in 22 contracts

Samples: www.dot.state.mn.us, mndot.net, www.dot.state.mn.us

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