Examples of OCII in a sentence
Under this arrangement, OCII will deem the JV or Association to be an SBE for the purposes of meeting the SBE goal.
Due to the technical nature of the disciplines and the various standards of each industry, OCII will not require a standardized agreement.
OCII will recognize JVs and Associations between non-SBE firms and SBE firms where the SBE partner performs at least 35% of the work defined in the JV or Association agreement, and receives at least 35% (or a proportionate share, whichever is higher) of the dollars to be earned by the JV or Association.
A copy of the JV or Association agreement must be provided to OCII for approval in order for the JV or Association to be recognized.
OCII relies on the information that a business may have provided to qualify under another public entities’ business certification program in determining whether that business qualifies as an SBE under OCII’s SBE Program.