Small Business Enterprise (SBE) definition
Small Business Enterprise (SBE) means a business that is certified as an SBE under this program or the following similar programs and meeting the below economic thresholds (Section III “Economic Size Standards”).
Small Business Enterprise (SBE) means an in-state business
Small Business Enterprise (SBE) means an economically disadvantaged business that: is an independent and continuing business for profit; performs a commercially useful function; is owned and controlled by persons residing in the United States or its territories; has average gross annual receipts in the three years immediately preceding its application for certification as a SBE that do not exceed the following limits: (a) construction--$14,000,000; (b) professional or personal services--$2,000,000 and (c) suppliers--$7,000,000; and is (or is in the process of being) certified by the Agency as a SBE and meets the other certification criteria described in the SBE application. In order to determine whether or not a firm meets the above economic size definitions, the Agency will use the firm’s three most recent business tax returns (i.e., 1040 with Schedule C for Sole Proprietorships, 1065s with K-1s for Partnerships, and 1120s for Corporations). Once a business reaches the 3-year average size threshold for the applicable industry the business ceases to be economically disadvantaged, it is not an eligible SBE and it will not be counted towards meeting SBE contracting requirements (or goals).
Examples of Small Business Enterprise (SBE) in a sentence
Small Business Enterprise (SBE): a business whose gross annual receipts do not exceed the amount set by the City Manager, and that meets all other criteria set forth in regulations implementing the City’s Small and Local Business Preference Program.
A Small Business Enterprise (SBE) bid preference applies to this solicitation.
The Harbor Department's Small Business Enterprise (SBE) Program was created to provide additional opportunities for small businesses to participate in professional service and construction contracts.
Advise the Small Business Programs Office (SBPO) if Disadvantaged Business Enterprise (DBE), Small Business Enterprise (SBE), or Minority Business Enterprise (MBE) issue(s) appear that may require investigation.
Indicate all Business category(ies) that apply by initialing next to the applicable category(ies): Small Business Enterprise (SBE) - an independently owned and operated concern certified, or Initial if applicable certifiable, as small business by the Federal Small Business Administration (SBA).
More Definitions of Small Business Enterprise (SBE)
Small Business Enterprise (SBE) means an economically disadvantaged business that: is an independent and continuing business for profit; performs a commercially useful function; is owned and controlled by persons residing in the United States or its territories; has average gross annual receipts in the three years immediately preceding its application for certification as a SBE that do not exceed the following limits: Construction Contractors $20,000,000 Specialty Construction Contractors $14,000,000 Suppliers (goods/materials/ equipment and general services) $10,000,000 Professional Services $2,500,000 Trucking $3,500,000 In addition, an economically disadvantaged business shall meet the other certification criteria described in Exhibit I of the SBE Policy in order to be considered an SBE by the Agency. In order to determine whether or not a firm meets the above economic size definitions, the Agency will use the firm’s three most recent business tax returns (i.e., 1040 with Schedule C for Sole Proprietorships, 1065s with K-1s for Partnerships, and 1120s for Corporations) to calculate the firm’s three year average annual gross receipts. In addition, the calculation of a firm's size shall include the receipts of all affiliates. Once a business reaches the 3-year average size threshold for the applicable industry the business ceases to be economically disadvantaged, it is not an eligible SBE and it will not be counted towards meeting SBE contracting requirements (or goals).
Small Business Enterprise (SBE) means a small business concern, as defined in Section 3 of the Small Business Act and implementing regulations (Volume 13 of the Code of Federal Regulations, Chapter 1).
Small Business Enterprise (SBE) means an economically disadvantaged business that: is an independent and continuing business for profit; performs a commercially useful function; is owned and controlled by persons residing in the United States or its territories; has average gross annual receipts in the three years immediately preceding its application for certification as a SBE that do not exceed the following limits: (a) construction--$14,000,000; (b) professional or personal services--$2,000,000 and (c) suppliers--$7,000,000; and meets the other certification criteria described in Exhibit I.
Small Business Enterprise (SBE) means an economically disadvantaged business that is certified by another public entity (either municipal, State, or federal agency) that considers the certification criteria stipulated in this Policy. In general, such criteria shall include a determination by the public entity as to whether an economically disadvantaged business is an independent and continuing business for profit; performs a commercially useful function; is owned and controlled by persons residing in the United States or its territories; and has average gross annual receipts in at least the three years (and no more than five years, if practiced by the public entity) immediately preceding its application for certification as a SBE that do not exceed the following limits:
Small Business Enterprise (SBE) means a business that is certified as an SBE under this program or the following similar programs and meeting the below economic thresholds (Section III “Economic Size Standards”). NOTE: Website links for finding Certified DBEs/SBEs/LBEs: ● Certified Disadvantaged Businesses Enterprises (“Federal DBE Program”) ● Certified Small Businesses Enterprises (“State Program”) ● For Certified SF GSA Local Business Enterprises (“City Program”) SBE Participation means the amount of dollars awarded to SBEs as a percentage of the total contract amount.
Small Business Enterprise (SBE) means a small business enterprise certified by the Agency Contract Compliance Division pursuant to the standards described in the Small Business Enterprise Policy.
Small Business Enterprise (SBE) has the meaning defined in Schedule E.