Disadvantaged Business means a small business concern: (a) which is at least 51 percent owned by one or more socially and economically disadvantaged individual(s) or in the case of any publicly owned business, at least 51 percent of the stock of which is owned by one or more socially and economically disadvantaged individual(s); and (b) whose management and daily business operations are controlled by one or more of the socially and economically disadvantaged individual(s) who own it. It is important to note that the business owners themselves must control the operations of the business. Absentee ownership or title ownership by an individual who does not take an active role in controlling the business is not consistent with eligibility as a DBE under CFR 49 Part 26.71.
Disadvantaged Business means a small business concern in which is, at least, 51 percent owned by one or more socially and economically disadvantaged individuals, or, in the case of any publicly owned business, atleast 51 percent of the stock of which is owned by one or more socially and economically, disadvantaged individuals who own it.
Disadvantaged Business means a small business concern, (a) which is at least fifty-one percent (51%) owned by one or more socially and economically disadvantaged individuals or in the case of any publicly owned business, at least fifty-one percent (51%) of the stock of which is owned by one or more socially and economically disadvantaged individuals; and (b) whose management and daily business operations are controlled by one or more of the socially and economically disadvantaged individuals who own it.
Examples of Disadvantaged Business in a sentence
Developer shall comply with all provisions of TxDOT’s Disadvantaged Business Enterprise (DBE) Program, including the DBE Special Provisions set forth in Exhibit K, 49 CFR Part 26, and the DBE Rules, in connection with the Initial Scope of Work and Update Work.
For all portions of the Project for which federal funds are utilized, Developer shall comply with applicable federal requirements, including the federal requirements set forth in Exhibit P, Disadvantaged Business Enterprise participation, prevailing wages, Buy America, the Uniform Relocation Assistance Act and other federal requirements affecting the Work.
Participation for Disadvantaged Business Enterprises (DBE) or Small Business Enterprises (SBE), if required, per 49 CFR Part 26, shall be shown on the heading of this AGREEMENT.
TIPS Members are entitled to inquire about general or project-specific Minority Owned and Women Owned Business (or Disadvantaged Business) Enterprise Diversity Participation offerings, if any are offered by the Vendor.
A renewable energy Vendor’s Minority Owned and Women Owned Business (or Disadvantaged Business) Enterprise Diversity Participation may be important to TIPS Members.
More Definitions of Disadvantaged Business
Disadvantaged Business means a small business concern: (a) which is at least 51 percent owned by one or more socially and economically disadvantaged individual(s) or in the case of any publicly owned business, at least 51 percent of the stock of which is owned by one or more socially and economically disadvantaged individual(s); and (b) whose management and daily business operations are controlled by one or more of the socially and economically disadvantaged individual(s) who own it. It is important to note that the business owners themselves must control the operations of the business. Absentee ownership or title ownership by an individual who does not take an active role in controlling the business is not consistent with eligibility as a DBE under CFR 49 Part 26.71. Neither the CONSULTANT, nor any sub-recipient or sub-consultant shall discriminate on the basis of race, color, national origin, or sex in the performance of this CONTRACT. The CONSULTANT shall carry out applicable requirements of 49 C.F.R. 26 in the award and administration of United States Department of Transportation assisted contracts. The CONSULTANT and all Subconsultants shall take all necessary and reasonable steps to ensure that DBE firms can compete for and participate in the performance of a portion of the work in this CONTRACT and shall not discriminate on the basis of race, color, national origin, religion or sex. Failure of the CONSULTANT to carry out those requirements is a material breach of this CONTRACT which may result in the termination of this CONTRACT or such other remedies as the MDOT deems appropriate. The goal for participation by DBEs shall be established in a Work Assignment. The MDOT will communicate to the CONSULTANT the DBE goal prior to submission of the Exhibit 8. The CONSULTANT shall exercise all necessary and reasonable steps to ensure that participation is equal to or exceeds the goal established for each Work Assignment. CONSULTANTS may visit MDOT’s website, xxx.xxxxxx.xxx, to view a complete list of “Certified DBE Firms” which have been certified as such by the Mississippi Department of Transportation and other Unified Certification Partners (UCP). The DBE firm must be on the Department’s list of “Certified DBE firms” as listed on MDOT’s website, xxx.xxxxxx.xxx and approved by MDOT to count towards meeting the DBE goal. When a Work Assignment requires a zero percent (0%) DBE goal, the CONSULTANT still has the responsibility to take all necessary and reasonable steps to ensure tha...
Disadvantaged Business means a small business concern
Disadvantaged Business means a business that is all of the following:
Disadvantaged Business means either a small business (including a sole proprietorship, partnership, corporation or joint venture of any kind) that is owned and controlled by the United States citizens and residents of Ohio who are members of an economically disadvantaged group (which includes minorities, females and persons with disabilities) or any governmentally owned and operated sheltered workshop for the intellectually disabled and developmentally disabled located within the State of Ohio.
Disadvantaged Business means a small business which is owned or controlled by a majority of persons, not limited to members of minority groups, who have been deprived of the opportunity to develop and maintain a competitive position in the economy because of social disadvantage or disability.
Disadvantaged Business means a for-profit small business concern that is majority-owned by one or
Disadvantaged Business means any of the following: 1m. A sole proprietorship, partnership, limited liability com-