Small Disadvantaged Business definition

Small Disadvantaged Business means either a "minority business enterprise" or "small disadvantaged businesses owned and controlled by persons with disabilities", as defined below.

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Small Disadvantaged Business as used in this provision, means a small business concern that (a) is at least 51 percent owned by one or more individuals who are both socially and economically disadvantaged, or a publicly owned business having at least 51 percent of its stock owned by one or more socially and economically disadvantaged individuals and (b) has its management and daily business controlled by one or more such individuals.

Small Disadvantaged Business means to either a "minority business enterprise" or a "handicapped business enterprise" as defined above.

Examples of Small Disadvantaged Business in a sentence

These goals are: Small Business - 23% Woman-Owned Small Business - 5% Small Disadvantaged Business - 5% HUBZone Small Business - 3% Veteran-Owned Small Business - 3% Service-Disabled Veteran-Owned Small Business - 3% You should take into consideration these goals when developing your proposal.
Small Business and Small Disadvantaged Business Prime Supplier Plans are not required for small business contractors, personal service contracts, contracts that will be performed entirely outside of the United States and its territories, or modifications to existing contracts which do not contain Subcontracting potential.
Accordingly, the goals for Contractors planned subcontracting dollars on Orders amortized over the reporting periods of each Individual Subcontractors Report (ISR) are stated as follows: HUBZone Small Business 3 percent Small Disadvantaged Business 6 percent Women-Owned Small Business 5 percent Veteran-Owned Small Business 3 percent Service-Disabled Veteran-Owned Small Business 3 percent These goals do not apply to work OCONUS and are not counted with the Contractor’s domestic small business goals.
SUBRECIPIENT certifies that it will abide by the Commonwealth requirements regarding Small Disadvantaged Business (SDB) utilization, including but not limited to the requirements of the Bureau of Minority & Women Business Opportunities, (BMWBO) Office and that it has read and will abide by the requirements of the "Special Provisions for Invitations for Bids, Certified SDB." See ▇▇▇.▇▇▇.▇▇▇▇▇.▇▇.▇▇, DGS Keyword: BMWBO; Federal Vendor database is available at ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/.
If this Agreement offers further subcontracting opportunities, the following clause is hereby made a material term of this Agreement: Utilization of Small Business Concerns and Small Disadvantaged Business Concerns (Feb.

More Definitions of Small Disadvantaged Business

Small Disadvantaged Business means a small business concern that is at least 51 percent

Small Disadvantaged Business. (SDB) means a small business concern:

Small Disadvantaged Business means a small business concern that is at least 51 percent unconditionally 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 voting stock is unconditionally 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; and is a U.S. Citizen who also resides in the United States. Socially disadvantaged individuals are: Those who have been subjected to ethnic prejudice or cultural bias because of their identity as a member of a group without regard to their individual qualities. Minorities are “presumed” Socially disadvantaged but Social disadvantaged status can be self-certified by non-minorities when an individual believes, “in good faith”, they have been subjected to a Social disadvantage due to a distinguishing feature (such as gender, physical handicap, etc.) or cultural bias (religion, ethnicity, etc.). In such cases, non-minority Social disadvantaged status would be based on personal experiences through a “preponderance of

Small Disadvantaged Business as used in this provision means a small business that: (i) has received certification as a small disadvantaged business consistent with 13 CFR part 124, Subpart B; (ii) no material change in disadvantaged ownership and control has occurred since its certification; (iii) where the is owned by one or more individuals, the net worth of each individual upon whom the certification is based does not exceed $750,000, after taking into account the applicable exclusions set forth at 13 CFR 124.104(c)(2); and (iv) is identified, on the date of its representation, as a certified small disadvantaged business in PRO-Net, the database maintained by the Small Business Administration.

Small Disadvantaged Business means a small business concern owned and controlled by socially and economically disadvantaged individuals that has received certification as a Small Disadvantaged Business in accordance with 13 CFR 124, Subpart B (FAR 52.219-8).

Small Disadvantaged Business means a small business as defined above, that is also at least 51 percent owned by minority individual(s) or women, and whose daily management and control is vested in such individual(s), and is certified as a “Small Disadvantaged Business” by the Office of the Advocate for Minority, Women and Emerging Small Business.

Small Disadvantaged Business means a small business concern that represents, as part of its offer, that it meets the criteria consistent with 13 CFR 124.1002 –