Target Subcontracting Percentage definition
Examples of Target Subcontracting Percentage in a sentence
The Target Subcontracting Percentage applicable to this Contract is set forth on Schedule B, Part I to this Contract (see Page 1, line (1)).
The form for requesting a waiver of the Target Subcontracting Percentage is set forth in the Subcontractor Utilization Plan (Part III).
A prospective contractor may seek a full or partial pre-award waiver of the Target Subcontracting Percentage in accordance with Local Law 129 and Part A, Section 10 below.
In the event that this Subcontractor Utilization Plan indicates that the bidder or proposer, as applicable, does not intend to award the Target Subcontracting Percentage, the bid or proposal, as applicable, shall be deemed non-responsive, unless Agency has granted the bidder or proposer, as applicable, a pre-award waiver of the Target Subcontracting Percentage in accordance with Local Law 129 and Part A, Section 10 below.
The proposer may seek a full or partial pre-award waiver of the Target Subcontracting Percentage in accordance with Article 9 of the Contract (See Part A, Section 10).
The Target Subcontracting Percentage is the percentage of the total Contract that the Owner anticipates that the Contractor would in the normal course of business award to one or more Subcontractors for amounts under $1 million.
To apply for the a full or partial waiver of the Target Subcontracting Percentage, a prospective contractor must complete Part III (Page 4) of Schedule B, and must submit such request no later than seven (7) days prior to the date and time the bids or proposals are due, in writing to the Agency by e-mail at ▇▇▇▇▇@▇▇▇.▇▇▇.▇▇▇ or via facsimile at (▇▇▇) ▇▇▇-▇▇▇▇.
Schedule B’s MWBE Utilization Plan provides the Agency’s Target Subcontracting Percentage and Subcontractor Participation Goals for this Contract.