Aspirational definition
Examples of Aspirational in a sentence
Aspirational Targets are not binding on Consultant but will be listed in the WOC for informational purposes.
The City of Arlington has implemented a MWBE Annual Aspirational Goal of 30%.
A Certified Small Business Aspirational Target will be assigned to applicable WOCs as set forth in PA Exhibit K.
This Annual Aspirational Goal is to be set (and thereafter adjusted) by the Goal Setting Committee (GSC) based upon the M/WBE availability by industry in accordance with the City’s 2015 Disparity Study findings, along with relative M/WBE availability data to be collected by the City through its CVR system, and the utilization of M/WBEs. Any adjusted Annual Aspirational Goals for a given industry should not exceed the Expected Availability for award dollar weights as found in the 2015 Disparity Study.
Annual Aspirational Goal – a non-mandatory annual aspirational percentage goal for overall M/WBE Prime and subcontract participation in City of San Antonio contracts is established each year for Construction, Architectural & Engineering, Professional Services, Other Services, and Goods & Supplies contract Industry Categories.
Contractor shall complete and submit initial, interim and final Paid Summary Report(s) [form 734-2882] per the instructions included on the form (A&E, non-A&E and trade services follow “A&E Instructions”).The participation of a Certified Firm subcontractor will not be credited towards the prime Contractor’s Aspirational Target achievements until the amount being counted toward the target and any retainage held by the prime Contractor has been paid to the Certified Firm.
Aspirational Goals: Total percentage anticipated by the Prime to spend with WMBE firm(s) out of the total contract spend including all amendments and phases.
Annual Aspirational Goals are not to be routinely applied to individual contracts, but are intended to serve as a benchmark against which to measure the overall effectiveness of the S/M/WBE Program on an annual basis, and to gauge the need for future adjustments to the mix and to the aggressiveness of remedies being applied under the Program.
Segmented M/WBE Goals – the application of multiple goals for M/WBE participation within Annual Aspirational Goals or for M/WBE Subcontracting Goals on an individual City contract wherein an overall combined M/WBE goal is accompanied by subsets of one or more smaller goals.
The Total Aspirational Goal reflects serious intent the Consultant can reasonably and realistically achieve given good faith efforts in determining and pursuing the goal.