N.Y. Comp. Codes R. & Regs. tit. 21 § 9606.2

Current through Register Vol. 46, No. 53, December 31, 2024

Section 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.

N.Y. Comp. Codes R. & Regs. Tit. 21 § 9606.2