Contract goal definition

Contract goal means a percentage of the contract award amount the prime contractor or prime consultant must meet with small, mini, micro and veteran-owned businesses in order to receive award of the contract:

Contract goal means the goal or goals for MBE and WBE participation on particular project or Contract based upon the availability of MBEs or WBEs in the scopes of work of the project or Contract.

Contract goal means a targeted amount of participation as measured by the desired percentage of involvement by minority and women's business enterprises.

Examples of Contract goal in a sentence

• When a DBE is terminated or fails to complete its work on the Contract for any reason, the Contractor shall make a good faith effort to find another DBE to substitute for the original DBE to perform at least the same amount of work under the contract as the terminated DBE to the extent needed to meet the established Contract goal.

• When a DBE is terminated, or fails to complete its work on the Contract for any reason the Contractor shall make a good faith effort to find another DBE to substitute for the original DBE to perform at least the same amount of work under the contract as the terminated DBE to the extent needed to meet the established Contract goal.

• The total Contract goal can be obtained by utilizing any combination of MBE and/or WBE participation for subcontracting and supplies acquired under the Contract.

• Tracking compliance- VIVA- IT shall track a prime contractor's/ vendor’s compliance with the Contract goal to ensure M/WBEs listed as subcontractors/ subvendors are utilized.

• Subject to items 1 through 5 above, when a certified MBE performs as a participant in a joint venture, a procurement agency may count a portion of the total dollar value of the Contract equal to the distinct, clearly-defined portion of the work of the Contract that the certified MBE performs with its own forces toward fulfilling the Contract goal, and not more than one of the Contract subgoals, if any.

More Definitions of Contract goal

Contract goal means a targeted amount of IVBE participation contractually established between the department, or its designee, and the prime.

Contract goal means the goal for DBE participation that the Department determines should appropriately be met by the selected contractor, based on the type of work included in each project and the availability of DBEs capable of performing such work. The Contract Goal, if determined by the Principal Representative as required, will be the percentage stated in the invitation for CM/GC Services or in the Contract documents.

Contract goal means the goal for SBE participation on a particular project or Contract based upon the availability of SBEs to perform the scope of work and other factors deemed relevant to the project or Contract.

Contract goal means the goal or requirement for participation of Enrolled Small Businesses applicable to a specific solicitation, the Port Authority’s utilization of Enrolled Small Businesses to date, the Port Authority’s progress towards meeting the Organizational Program Goal (as described in Section VI), and other relevant factors.

Contract goal means a percentage of the contract amount the prime contractor or prime consultant must meet with small, mini, micro and veteran-owned businesses.

Contract goal means the goal or goals for SBE or MBE and LDBE participation on particular project or Contract based upon the availability of SBEs or MBEs and LDBEs to perform the scope of work.

Contract goal means the goal or requirement for participation of MBEs and/or WBEs applicable to a specific Eligible Contract solicitation, based on the percentage Availability of MBEs and/or WBEs to perform the specific weighted scopes of work of the entire Contract, the Port Authority’s utilization of MBEs and WBEs to date, the Port Authority’s progress towards meeting the Aspirational Goal, and other relevant factors.