21 CRR-NY 9606.2NY-CRR
21 CRR-NY 9606.2
21 CRR-NY 9606.2
9606.2 Definitions.
(a) Authority shall mean the New York City School Construction Authority.
(b) Applicant shall mean a business enterprise which has applied for certification as a bona fide minority- or woman-owned business enterprise.
(c) Business enterprise shall mean any entity, including a sole proprietorship, partnership or corporation which is authorized to and engages in lawful business transactions in accordance with New York State law.
(d) Certified business shall mean a business enterprise which has been approved for minority-owned business enterprise or woman-owned enterprise status subsequent to verification that the business enterprise is owned, operated, and controlled by minority group members or women.
(e) Day shall mean a business day unless otherwise specified.
(f) Director shall mean the director of the NYC School Construction Authority, Economic and Employment Opportunities Division.
(g) Minority-owned business enterprise shall mean a business enterprise, including a sole proprietorship, partnership or corporation that is:
(1) at least 51 percent owned by one or more minority group members;
(2) an enterprise in which such minority ownership is real, substantial and continuing;
(3) an enterprise in which such minority ownership has and exercises the authority to control and operate, independently, the day-to-day business decisions of the enterprise; and
(4) an enterprise authorized to do business in New York State and is independently owned and operated.
(h) [Reserved]
(i) Woman-owned business enterprise shall mean a business enterprise, including a sole proprietorship, partnership or corporation that is:
(1) at least 51 percent owned by one or more United States citizens or permanent resident aliens who are women;
(2) an enterprise in which the ownership interest of such women is real, substantial and continuing;
(3) an enterprise in which such women ownership has and exercises the authority to control and operate, independently, the day-to-day business decisions of the enterprise; and
(4) an enterprise authorized to do business in New York State and which is independently owned and operated.
21 CRR-NY 9606.2
Current through June 30, 2021
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IMPORTANT NOTE REGARDING CONTENT CURRENCY: JULY 31, 2023, is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Admisnistrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of the NYS Rules.