Microbusiness definition
Examples of Microbusiness in a sentence
This solicitation and any resulting Agreement shall be subject to all requirements as set forth in the following code: Government Code Sections 14837, 14839, 14842, 14842.5 and MVC Sections 999, 999.6, 999.9 In part, these codes involve requirements for businesses to qualify as a California certified Small Business (SB), Micro-business (MB) and/or DVBE and perform a commercially useful function to be eligible for award and must be “domiciled” in California.
The Harbor Department defines a VSBE based on the State of California's Micro-business definition which is (1) a small business that has average annual gross receipts of $5,000,000 or less within the previous three years, or (2) a small business manufacturer with 25 or fewer employees.
If any part of the Work, including the supply of equipment and materials, is actually subcontracted during completion of the Work, then the Design-Builder shall report all participation indicating what Washington Small Business, Washington Minibusiness, Washington Microbusiness, MBE, WBE, MWBE, or Veteran Owned and/or Self-identified firms were used and the dollar value of their subcontracts.
If any part of the Work, including the supply of equipment and materials, is actually subcontracted during completion of the Work, then the Design-Builder shall submit a statement of participation indicating what Washington Small Business, Washington Minibusiness, Washington Microbusiness, MBE, WBE, MWBE, or Veteran Owned and/or Self-identified firms were used and the dollar value of their subcontracts with the Design-Builders’ monthly invoices.
You will be notified of material changes, in particular, if you are a Micro-business, we will notify you of key information as set out in Ofwat’s Customer Protection Code of Practice for non-household retailers.