Resident Business Preference definition

Resident Business Preference means a business that has a valid resident business certificate issued by the New Mexico Taxation and Revenue Department pursuant to §13-1-21 NMSA 1978 as amended.
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Resident Business Preference means a business that has a valid resident business certificate issued by the New Mexico Taxation and Revenue Department pursuant to §13-1- 22 NMSA 1978 and Ordinance §2-367 but does not include a resident veteran business.
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Resident Business Preference means the preference described in Section 13-1-21 NMSA 1978, as currently enacted or hereafter amended.
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Examples of Resident Business Preference in a sentence

  • Veteran Businesses will receive the Resident Business Preference once the cap for Resident Veteran Preference has been exceeded.

  • Applications for Resident Business Preference and Resident Veteran’s Preference are now being processed through the New Mexico Department of Taxation & Revenue.

  • Note: Neither the Resident Business Preference nor the Resident Veteran Business Preference can be awarded for any project/contract if it includes federal funds.

  • To be awarded points for Resident Business Preference, or Resident Veterans Preference, Offerors must include a copy of their preference certificate in this section of your proposal.

  • Resident Business Preference or Resident Veteran Business Preference (required by House Bill 93, 2016):Points will be awarded based on Offeror’s ability to provide a copy of a current Resident Business certificate or Resident Veteran Business certificate.

  • A 5% Small Business Preference, a 5% Local Business Preference, a 5% State Resident Business Preference, a 5% Pay Equity Preference and/or a 5% State Resident Veteran Business Preference (collectively the latter two, “State Preference”) are available for this procurement.

  • Pursuant to NMSA 1978, 13-1-21, Paragraph H, a State Agency shall not award an Offeror points for both a Resident Business Preference and a Resident Veteran’s Preference.

  • However, Resident Veteran Businesses can still receive the Resident Business Preference once the Resident Veteran Business Preference cap is exceeded.Example: An RFP has a total value of 1,000 points.

  • A person shall not benefit from the provisions as specified in NMSA 1978, 13-1-21, on more than one business concurrently.Pursuant to NMSA 1978, 13-1-21, Paragraph H, a State Agency shall not award an Offeror points for both a Resident Business Preference and a Resident Veteran’s Preference.

  • The District shall not award a business both a Resident Business Preference and a Resident Veteran Business Preference.


More Definitions of Resident Business Preference

Resident Business Preference means a business that has a valid resident business certificate issued by the New Mexico Taxation and Revenue Department pursuant to
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Resident Business Preference means a business that has a valid resident business certificate by the New Mexico Taxation and Revenue Department pursuant to Section 13-1-22 NMSA 1978.
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Related to Resident Business Preference

  • Resident Business or “Resident Contractor” means an entity that has a valid resident certificate issued by the NM Taxation and Revenue Department pursuant to Section 13-1-22 NMSA 1978.

  • Women-owned business concern means a concern which is at least 51 percent owned by one or more women; or in the case of any publicly owned business, at least 51 percent of its stock is owned by one or more women; and whose management and daily business operations are controlled by one or more women.

  • Business Products means all products or services that have been or are currently sold, licensed, provided, supported, distributed or otherwise disposed of by the Business, including all products or services in development.

  • Private Business Use means use (directly or indirectly) in a trade or business or activity carried on by any Private Person (other than a Tax-Exempt Organization) other than use as a member of, and on the same basis as, the general public.

  • Business Partner means a legal entity that requires use of a Cloud Service in connection with Customer’s and its Affiliates’ internal business operations. These may include customers, distributors, service providers and/or suppliers of Customer.

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • Women-owned small business concern means a small business concern-

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.