Common use of Contract Goal Clause in Contracts

Contract Goal. 11.2.3.1. Concessionaire shall make Good Faith Efforts, as defined in City of Houston Ordinance No. 99-893, as amended and 49 CFR Parts 23 and 26, to ensure that at least 36% of the Gross Sales earned under this Agreement are attributable to small business concerns at least 51% owned by one or more individuals who are both socially and economically disadvantaged or, in the case of a corporation, in which 51% of each class of voting stock outstanding and 51% of the aggregate of all stock outstanding is owned by one or more such individuals, and whose management and daily business operations are controlled by the socially and economically disadvantaged individuals who own it. In the event that the operation of some Facilities are subcontracted to a joint venture that is partially owned by a certified ACDBE, credit towards the Contract Goal will be granted for a percentage of the joint venture’s Gross Sales equal to the percentage of the joint venture owned by ACDBEs, if consistent with all relevant FAA regulations, City ordinances, and City of Houston Office of Business Opportunities’ policies. "Socially and economically disadvantaged individual" means a U.S. citizen (or a lawfully admitted permanent resident of the United States) who is:

Appears in 2 contracts

Samples: Food and Beverage Concession Agreement, Food and Beverage Concession Agreement

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Contract Goal. 11.2.3.1. 6.4.3.1 Concessionaire shall make Good Faith Efforts, as defined in City of Houston Ordinance No. 99-893, as amended and 49 CFR Parts 23 and 26, to ensure that at least 360% of the Gross Sales earned under this Agreement are attributable to small business concerns at least 51% owned by one or more individuals who are both socially and economically disadvantaged or, in the case of a corporation, in which 51% of each class of voting stock outstanding and 51% of the aggregate of all stock outstanding is owned by one or more such individuals, and whose management and daily business operations are controlled by the socially and economically disadvantaged individuals who own it. In the event that the operation of some Facilities are subcontracted to a joint venture that is partially owned by a certified ACDBE, credit towards the Contract Goal will be granted for a percentage of the joint venture’s Gross Sales equal to the percentage of the joint venture owned by ACDBEs, if consistent with all relevant FAA regulations, City ordinances, and City of Houston Office of Business Opportunities’ policies. "Socially and economically disadvantaged individual" means a U.S. citizen (or a lawfully admitted permanent resident of the United States) who is:

Appears in 1 contract

Samples: Teller Machine Concession Agreement

Contract Goal. 11.2.3.111.3.3.1. Concessionaire shall make Good Faith Efforts, as defined in City of Houston Ordinance No. 99-893, as amended and 49 CFR Parts 23 and 26, to ensure that at least 3635% of the Gross Sales earned under this Agreement are attributable to small business concerns at least 51% owned by one or more individuals who are both socially and economically disadvantaged or, in the case of a corporation, in which 51% of each class of voting stock outstanding and 51% of the aggregate of all stock outstanding is owned by one or more such individuals, and whose management and daily business operations are controlled by the socially and economically disadvantaged individuals who own it. In the event that the operation of some Facilities are subcontracted to a joint venture that is partially owned by a certified ACDBE, credit towards the Contract Goal will be granted for a percentage of the joint venture’s Gross Sales equal to the percentage of the joint venture owned by ACDBEs, if consistent with all relevant FAA regulations, City ordinances, and City of Houston Office of Business Opportunities’ policies. "Socially and economically disadvantaged individual" means a U.S. citizen (or a lawfully admitted permanent resident of the United States) who is:

Appears in 1 contract

Samples: Amenities Concession Agreement

Contract Goal. 11.2.3.1. Concessionaire shall make Good Faith Efforts, as defined in City of Houston Ordinance No. 99-893, as amended and 49 CFR Parts 23 and 26, to ensure that at least 3625% of the Gross Sales earned under this Agreement are attributable to small business concerns at least 51% owned by one or more individuals who are both socially and economically disadvantaged or, in the case of a corporation, in which 51% of each class of voting stock outstanding and 51% of the aggregate of all stock outstanding is owned by one or more such individuals, and whose management and daily business operations are controlled by the socially and economically disadvantaged individuals who own it. In the event that the operation of some Facilities are subcontracted to a joint venture that is partially owned by a certified ACDBE, credit towards the Contract Goal will be granted for a percentage of the joint venture’s Gross Sales equal to the percentage of the joint venture owned by ACDBEs, if consistent with all relevant FAA regulations, City ordinances, and City of Houston Office of Business Opportunities’ policies. "Socially and economically disadvantaged individual" means a U.S. citizen (or a lawfully admitted permanent resident of the United States) who is:

Appears in 1 contract

Samples: Retail Concession Agreement

Contract Goal. 11.2.3.1. Concessionaire shall make Good Faith Efforts, as defined in City of Houston Ordinance No. 99-893, as amended and 49 CFR Parts 23 and 26, to ensure that at least 3613% of the Gross Sales earned under this Agreement are attributable to small business concerns at least 51% owned by one or more individuals who are both socially and economically disadvantaged or, in the case of a corporation, in which 51% of each class of voting stock outstanding and 51% of the aggregate of all stock outstanding is owned by one or more such individuals, and whose management and daily business operations are controlled by the socially and economically disadvantaged individuals who own it. In the event that the operation of some Facilities are subcontracted to a joint venture that is partially owned by a certified ACDBE, credit towards the Contract Goal will be granted for a percentage of the joint venture’s Gross Sales equal to the percentage of the joint venture owned by ACDBEs, if consistent with all relevant FAA regulations, City ordinances, and City of Houston Office of Business Opportunities’ policies. "Socially and economically disadvantaged individual" means a U.S. citizen (or a lawfully admitted permanent resident of the United States) who is:

Appears in 1 contract

Samples: Passenger Services Concession Agreement

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Contract Goal. 11.2.3.1. Concessionaire 9.2.3.1.Concessionaire shall make Good Faith Efforts, as defined in City of Houston Ordinance No. 99-893, as amended and 49 CFR Parts 23 and 26, to ensure that at least 368% of the Gross Sales earned under this Agreement are attributable to small business concerns at least 51% owned by one or more individuals who are both socially and economically disadvantaged or, in the case of a corporation, in which 51% of each class of voting stock outstanding and 51% of the aggregate of all stock outstanding is owned by one or more such individuals, and whose management and daily business operations are controlled by the socially and economically disadvantaged individuals who own it. In the event that the operation of some Facilities are subcontracted to a joint venture that is partially owned by a certified ACDBE, credit towards the Contract Goal will be granted for a percentage of the joint venture’s Gross Sales equal to the percentage of the joint venture owned by ACDBEs, if consistent with all relevant FAA regulations, City ordinances, and City of Houston Office of Business Opportunities’ policies. "Socially and economically disadvantaged individual" means a U.S. citizen (or a lawfully admitted permanent resident of the United States) who is:

Appears in 1 contract

Samples: Concession Agreement

Contract Goal. 11.2.3.1. Concessionaire shall make Good Faith Efforts, as defined in City of Houston Ordinance No. 99-893, as amended and 49 CFR Parts 23 and 26, to ensure that at least 3630% of the Gross Sales earned under this Agreement are attributable to small business concerns at least 51% owned by one or more individuals who are both socially and economically disadvantaged or, in the case of a corporation, in which 51% of each class of voting stock outstanding and 51% of the aggregate of all stock outstanding is owned by one or more such individuals, and whose management and daily business operations are controlled by the socially and economically disadvantaged individuals who own it. In the event that the operation of some Facilities are subcontracted to a joint venture that is partially owned by a certified ACDBE, credit towards the Contract Goal will be granted for a percentage of the joint venture’s Gross Sales equal to the percentage of the joint venture owned by ACDBEs, if consistent with all relevant FAA regulations, City ordinances, and City of Houston Office of Business Opportunities’ policies. "Socially and economically disadvantaged individual" means a U.S. citizen (or a lawfully admitted permanent resident of the United States) who is:

Appears in 1 contract

Samples: Food and Beverage Concession Agreement

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