Common use of Small Business Preference Contract Clause Clause in Contracts

Small Business Preference Contract Clause. This section is applicable if Contractor received a small business preference in connection with this Agreement. Contractor’s failure to meet the small business commitment set forth in its bid or proposal constitutes a breach of this Agreement. Contractor must within sixty (60) days (the JBE may require the Contractor to deliver along with its invoice(s) a report detailing the actual percentage of small/micro business participation that was achieved under this Agreement; the JBE will not pay the Contractor’s invoice until this report is received), of receiving payment under this Agreement report to the JBE the actual percentage of small/micro business participation that was achieved. If Contractor is a nonprofit veteran service agency (“NVSA”), Contractor must employ veterans receiving services from the NVSA for not less than 75 percent of the person-hours of direct labor required for the production of goods and the provision of services performed pursuant to this Agreement.

Small Business Preference Contract Clause. This section is applicable if Contractor received a small business preference in connection with this Agreement. Contractor’s failure to meet the small business commitment set forth in its bid or proposal constitutes a breach of this Agreement. Contractor must within sixty (60) days (days: Contractor must deliver to the JBE may require the Contractor to deliver along with its invoice(s) final invoice a report detailing the actual percentage of small/micro business participation that was achieved under this Agreement; the JBE will not pay the Contractor’s final invoice until this report is received), . of receiving final payment under this Agreement report to the JBE the actual percentage of small/micro business participation that was achieved. If Contractor is a nonprofit veteran service agency (“NVSA”), Contractor must employ veterans receiving services from the NVSA for not less than 75 percent of the person-hours of direct labor required for the production of goods and the provision of services performed pursuant to this Agreement.