Common use of UTILIZATION OF SMALL BUSINESS AND SMALL DISADVANTAGED BUSINESS CONCERNS Clause in Contracts

UTILIZATION OF SMALL BUSINESS AND SMALL DISADVANTAGED BUSINESS CONCERNS. It is the policy of the United States that small business and small business concerns owned and controlled by socially and economical disadvantaged individuals shall have the maximum practicable opportunity to participate in the performance of contracts set by any federal agency; (b) SELLER hereby agrees to carry out this policy in the awarding of subcontracts to the fullest extent consistent with the efficient performance of this contract. SELLER further agrees to cooperate in any studies or surveys as may be conducted by the United States Small Business Administration or the awarding agency of the United States as may be necessary to determine the extent of the contractor's compliance with this clause; (c) As used in this contract, the terms "small business concern" shall mean a small business as defined pursuant to Section 3 of the Small Business Act and relevant regulations promulgated pursuant thereto the terms "small business concern owned and controlled by socially and economically disadvantaged individuals" hereafter referred to as disadvantage business shall mean a small business concern, which is at least 51 percent owned by one or more socially and economically disadvantaged individuals, or in the case of any publicly owned business at least 51 percent of the stock is owned by one or more socially and economically disadvantaged individuals, and whose management and daily business operations are controlled by one or more such individuals. SELLER shall presume that socially and economically disadvantaged individuals include Black Americans, Hispanic Americans, Native Americans (such as American Indians, Eskimos, Aleuts, and Native Hawaiians), or any other individuals found to be disadvantaged by the Administration pursuant to section 8(a) of the Small Business Act.; (d) SELLER acting in good faith may rely on written representations by its subcontractors regarding their status either as small business concern or a small business concern owned and controlled by socially and economically disadvantaged individuals.

Appears in 2 contracts

Samples: Purchase Agreement, Standard Purchase Order

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UTILIZATION OF SMALL BUSINESS AND SMALL DISADVANTAGED BUSINESS CONCERNS. It (a) Seller acknowledges that it is the policy of the United States policy that small business and small business concerns owned and controlled by socially and economical economically disadvantaged individuals shall have the maximum practicable opportunity to participate in the performance of contracts set by any federal agency; agency(“Small Business Policy”). (b) SELLER Supplier hereby agrees to carry out this policy the Small Business Policy in the awarding of subcontracts to the fullest extent supporting XXXXXX’x Purchase Order fully consistent with the efficient performance of this contractthe Purchase Order. SELLER Supplier further agrees to cooperate in any studies or surveys as may be conducted by the United States Small Business Administration or the awarding agency of the United States as may be necessary to determine the extent of the contractor's compliance with this clause; . (c) As used in this contractthe Purchase Order, the terms "small business concern" shall mean a small business as defined pursuant to Section 3 of the Small Business Act and relevant regulations promulgated pursuant thereto the terms thereto, and "small business concern owned and controlled by socially and economically disadvantaged individuals" hereafter referred to as disadvantage business business” shall mean a small business concern, which concern that is at least 51 percent 51% owned by one or more socially and economically disadvantaged individuals, or in the case of any publicly owned business at least 51 percent 51% of the stock is owned by one or more socially and economically disadvantaged individuals, and whose management and daily business operations are controlled by one or more such individuals. SELLER Supplier shall presume that socially and economically disadvantaged individuals include Black Americans, Hispanic Americans, Native Americans (such as American Indians, Eskimos, Aleuts, and Native Hawaiians), or any other individuals found to be disadvantaged by the Administration pursuant to section Section 8(a) of the Small Business Act.; (d) SELLER Supplier acting in good faith may rely on written representations by its subcontractors regarding their status either as a small business concern or a small business concern owned and controlled by socially and economically disadvantaged individualsbusiness.

Appears in 1 contract

Samples: Purchase Order Terms and Conditions

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UTILIZATION OF SMALL BUSINESS AND SMALL DISADVANTAGED BUSINESS CONCERNS. (a) It is the policy of the United States that small business and small business concerns owned and controlled by socially and economical economically disadvantaged individuals shall have the maximum practicable opportunity to participate in the performance of contracts set by any federal agency; (b) SELLER Seller hereby agrees to carry out this policy in the awarding of subcontracts supporting Buyer’s Order to the fullest extent consistent with the efficient performance of this contractOrder. SELLER Seller further agrees to cooperate in any studies or surveys as may be conducted by the United States Small Business Administration or the awarding agency of the United States as may be necessary to determine the extent of the contractor's compliance with this clause; (c) As used in this contractOrder, the terms "small business concern" shall mean a small business as defined pursuant to Section 3 of the Small Business Act and relevant regulations promulgated pursuant thereto the terms thereto, and "small business concern owned and controlled by socially and economically disadvantaged individuals" hereafter referred to as disadvantage business shall mean a small business concern, which is at least 51 percent per centum owned by one or more socially and economically disadvantaged individuals, or in the case of any publicly owned business at least 51 percent per centum of the stock is owned by one or more socially and economically disadvantaged individuals, and whose management and daily business operations are controlled by one or more such individuals. SELLER Seller shall presume that socially and economically disadvantaged individuals include Black Americans, Hispanic Americans, Native Americans (such as American Indians, Eskimos, Aleuts, and Native Hawaiians), or any other individuals found to be disadvantaged by the Administration pursuant to section 8(a) of the Small Business Act.; (d) SELLER Seller acting in good faith may rely on written representations by its subcontractors regarding their status either as small business concern or a small business concern owned and controlled by socially and economically disadvantaged individuals.

Appears in 1 contract

Samples: Purchase Order

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