Examples of Owned and controlled in a sentence
Overall Context and Objectives (Commitment Design)The commitment aimed to standardize the methodology and process of the Third-Party Customer Satisfaction Survey that is part of the Governance Commission for Government Owned and Controlled Corporations (GCG) Performance Evaluation System, which all Government-Owned and Controlled Corporations (GOCCs) are required to undertake.
Pursuant to EO 12928, subrecipients are strongly encouraged to provide subcontracting/subgranting opportunities to Historically Black Colleges and Universities and other Minority Institutions such as Hispanic-Serving Institutionsand Tribal Colleges and Universities; and to Small Businesses Owned and Controlled by Socially and Economically Disadvantaged Individuals.
Owned and Controlled is defined as a firm which is at least fifty-one (51%) percent owned by one or more disadvantaged individuals, or in the case of a publicly owned business, at least fifty-one (51%) percent of the stock is owned by one or more disadvantaged individuals, and whose management and daily business operations are controlled by one or more such individuals.
Owned and Controlled is defined as: that at least 51% of the ownership interests as well as the management and daily business operations of the firm reside in individuals whose personal net worth does not exceed the requirements established in 49 CFR, Part 26.
For infrastructure projects implemented by other national government agencies, Government Owned and Controlled Corporations (and other government instrumentalities, the head or representative of the agency, GOCC, or government instrumentality concerned shall monitor compliance with these Guidelines SBMA shall issue one 1 QP each to the government agency concerned and the contractor.