Resident Veteran Business Preference definition

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

Resident Veteran Business Preference means the preference described in Section 13-1-21 NMSA 1978, as currently enacted or hereinafter amended.

Resident Veteran Business Preference. To receive a Resident Veteran Business Preference pursuant to Section 13-1-22 NMSA 1978 the Bidder must submit with its bid, a copy of a valid Resident Veteran Business certificate issued by the New Mexico Department of Taxation and Revenue. Local Preference: Local preference is not applicable.

Examples of Resident Veteran Business Preference in a sentence

• New Mexico Resident Veteran Business Preference: New Mexico law, Section 13-1-22 NMSA 1978, provides a preference in the award of a public works contract for a “resident veteran business”.

• For the Offeror to receive a ResidentVeteran Business Preference, the business shall complete, sign, and include with the proposal the attached certification form, along with a copy of a valid Resident Veteran Business Preference certificate issued by the New Mexico Taxation & Revenue Department.

• 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.

• Points awarded to an Offeror for Resident Business Preference or Resident Veteran Business Preference (required by Senate Bill 1, 2011) are based on total possible points as indicated above and are added to the total score awarded to that Offeror.

• 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.

• PLEASE NOTE: An Offeror cannot be awarded both a Resident Preference and a Resident Veteran Business Preference.

• If the Offeror has provided their valid Resident Veteran Business Preference Certificate and has a preceding annual gross income that does not exceed $3,000,000 (three million dollars), Resident Veteran Business Preference Points will be awarded equivalent to 10% (ten percent) of the total possible points.

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• The preference for proposals shall be 1.10 for local.New Mexico Resident Veteran Business Preference: New Mexico law, Section 13-1-22 NMSA 1978, provides a preference in the award of a public works contract for a “resident veteran business”.

• Five (5) percent (%) lower than the (IFB) bid actually submitted by the Resident Business.2. Resident Veteran Business Preference For the Offeror to receive a Resident Veteran Business Preference, the business shall complete, sign, and include with the proposal the attached certification form, along with a copy of a valid Resident Veteran Business Preference certificate issued by the New Mexico Taxation & Revenue Department.