Small disadvantaged business concern definition

Small disadvantaged business concern means a small business concern that represents, as part of its offer that—

Small disadvantaged business concern. , as used in this clause, means a small business concern that (1) is at least 51 percent unconditionally 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 unconditionally owned by one or more socially and economically disadvantaged individuals, and (2) has its management and daily business controlled by one or more such individuals. This term also means a small business concern that is at least 51 percent unconditionally owned by an economically disadvantaged Indian tribe or Native Hawaiian Organization, or a publicly owned business having at least 51 percent of its stock unconditionally owned by one or more of these entities, which has its management and daily business controlled by members of an economically disadvantaged Indian tribe or Native Hawaiian Organization, and which meets the requirements of 13 CFR 124.

Small disadvantaged business concern as used in this provision means a small business concern that is (1) 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 or (2) has its management and daily business controlled by one or more such individuals.

Examples of Small disadvantaged business concern in a sentence

• Small disadvantaged business concern, as used in this clause, means a small business concern that (1) is at least 51 percent unconditionally 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 unconditionally owned by one or more socially and economically disadvantaged individuals, and (2) has its management and daily business controlled by one or more such individuals.

• Small disadvantaged business concern, as used in this provision means a small business concern that: 1) is at least 51 percent unconditionally owned by one or more individuals who are both socially and economically disadvantaged, or a publicly unconditionally owned business having at least 51 percent of its stock owned by one or more socially and economically disadvantaged individuals and 2) has its management and daily business controlled by one or more such individuals.

• Small disadvantaged business concern, as used in this provision, means a small business concern that (1) is at least 51 percent unconditionally 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 unconditionally owned by one or more socially and economically disadvantaged individuals, and (2) has its management and daily business controlled by one or more such individuals.

• DoD OSBP assigns SB goals to each DoD Agency.‌ Small disadvantaged business concern.

• Small disadvantaged business concern, 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 unconditionally 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.

More Definitions of Small disadvantaged business concern

Small disadvantaged business concern means an Offeror that represents, as part of its offer, that it is a small business under the size standard applicable to this acquisition; and either-

Small disadvantaged business concern means a Small Business Concern that represents, as part of its offer, that it has received certification as a Small Disadvantaged Business Concern consistent with 13 CFR

Small disadvantaged business concern means a small business concern --

Small disadvantaged business concern as used in this provision means a small business concern that is (1) at least 51 percent owned by one or more individuals who are both socially and economically

Small disadvantaged business concern means an offeror that represents, as part of its offer, that it is a small business under the size standards applicable to the acquisition - either received certification as a small disadvantaged business concern; no change in disadvantaged ownership since certification concern is owned by one or more individuals whose individual net worth does not exceed

Small disadvantaged business concern means a small business concern that represents, as part

Small disadvantaged business concern means a small business concern that has received certification as a small disadvantaged business concern consistent with 13 CFR part 124, Subpart B; and on the day of Offer represents that:No material change in disadvantaged ownership and control has occurred since its certification; b. Where the concern is owned by one or more individuals, the personal 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 c. It is identified, on the date of its representation and on the day of bid and throughout the time it performs work on the contract, as a certified small disadvantaged business in the Dynamic Small Business Search database maintained by the Small Business Administration.