Common use of SMALL AND LOCAL BUSINESS CONCERNS REPORTING REQUIREMENTS Clause in Contracts

SMALL AND LOCAL BUSINESS CONCERNS REPORTING REQUIREMENTS. 1) CSN supports equal opportunity for minority owned, women-owned, and other small disadvantaged business concerns (“MWDBE”) to compete for contracts awarded by CSN. CSN also supports efforts to encourage local businesses to compete for CSN contracts. In some situations, MWDBE and local business concerns may not have the depth or full capability to meet all the requirements of large contracts. Nevertheless, CSN supports finding opportunities for such MWDBE and local business concerns to participate as Subcontractors or Tier 2 suppliers in large contracts. 2) If the purchase of goods or Services is anticipated to exceed $1,000,000 at any time during the life of the Contract, Contractor must provide, at a minimum, annual reports listing expenditures with MWDBE and Local Business Enterprises (as defined below). These reports pertain only to expenditures that are directly attributable to the CSN prime a) The name, city and state; type of Tier 2 status (local, women owned, minority/and or disadvantaged or Local Business Enterprise); and any certification of such status including the entity granting the certification if applicable. If a business concern meets more than one definition (e.g. local and women-owned, or minority and women owned), that should be identified; b) A description of the goods or services purchased; and c) The amount of expenditures with the Subcontractor attributed to the prime Contract for the most recent completed fiscal year (July 1 through June 30).

Appears in 2 contracts

Sources: Contract for Information Technology Managed Services, Contract for Campus Wide Food and Beverage Services