Search
Bill number does not exist. Enter a vaild keyword.

Statutes Text

Article - State Finance and Procurement




§14–501.

    (a)    In this subtitle the following words have the meanings indicated.

    (b)    “Small business” means:

        (1)    a certified minority business enterprise, as defined in § 14–301 of this title, that meets the criteria specified under item (2) of this subsection; or

        (2)    a business, other than a broker, that meets the following criteria:

            (i)    the business is independently owned and operated;

            (ii)    the business is not a subsidiary of another business;

            (iii)    the business is not dominant in its field of operation; and

            (iv)    1.    A.    the wholesale operations of the business did not employ more than 50 persons in its most recently completed 3 fiscal years;

                B.    the retail operations of the business did not employ more than 25 persons in its most recently completed 3 fiscal years;

                C.    the manufacturing operations of the business did not employ more than 100 persons in its most recently completed 3 fiscal years;

                D.    the service operations of the business did not employ more than 100 persons in its most recently completed 3 fiscal years;

                E.    the construction operations of the business did not employ more than 50 persons in its most recently completed 3 fiscal years; and

                F.    the architectural and engineering services of the business did not employ more than 100 persons in its most recently completed 3 fiscal years; or

                2.    A.    the gross sales of the wholesale operations of the business did not exceed an average of $4,000,000 in its most recently completed 3 fiscal years;

                B.    the gross sales of the retail operations of the business did not exceed an average of $3,000,000 in its most recently completed 3 fiscal years;

                C.    the gross sales of the manufacturing operations of the business did not exceed an average of $2,000,000 in its most recently completed 3 fiscal years;

                D.    the gross sales of the service operations of the business did not exceed an average of $10,000,000 in its most recently completed 3 fiscal years;

                E.    the gross sales of the construction operations of the business did not exceed an average of $7,000,000 in its most recently completed 3 fiscal years; and

                F.    the gross sales of the architectural and engineering services of the business did not exceed an average of $4,500,000 in its most recently completed 3 fiscal years.

    (c)    “Small business reserve” means those procurements that are limited to responses from small businesses under § 14–502(b) of this subtitle.