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Small Business Definitions

“Small Business Concern,” means a concern, including its affiliates, that is independently owned and operated, not dominant in the field of operations in which it is bidding on Government contracts, and qualified as a small business under the criteria and size standards in 13 CFR 121. (See FAR 19.001, Definitions, and FAR 19.102).

“Small Disadvantaged Business Concern,” means an offeror that represents, as part of its offer, that it is a small business under the size standards applicable to the acquisition - either received certification as a small disadvantaged business concern; no change in disadvantaged ownership since certification concern is owned by one or more individuals whose individual net worth does not exceed $750,000 or is a certified small disadvantaged business concern in SBA’s PRO-Net database.

“Women-Owned Business,” means a small business which is at least 51 percent owned by one or more women; who also control and operate the business or in the case of any publicly owned business, at least 51 percent of the stock of which is owned by one or more women; and whose management and daily business operations are controlled by one or more women.

“Veteran-Owned Small Business Concern,” means a small business concern that is not less than 51 percent owned by one or more veterans, or in the case of any publicly owned business, not less than 51 percent of the stock of which is owned by one or more veterans and the management and daily operations are controlled by one or more veterans.

“Service-Disabled Veteran-owned Small Business Concern,” means a small business concern that is not less than 51 percent owned by one or more service-disabled veterans or in a publicly owned business 51 percent of the stock is owned by one or more service disabled veterans; and the management and daily business operations are controlled by one or more service- disabled veterans with permanent and severe disability, the spouse or permanent caregiver of such veteran.

“HUBZone,” means a historically underutilized business zone, which is an area located within one or more qualified census tracks, qualified non-metropolitan counties, or lands within the external boundaries of an Indian Reservation.

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