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<section article="gsf" article_name="State Finance and Procurement" number="14-501" title_number="14" title_name="Preferences" subtitle_number="5" subtitle_name="Small Business Reserve Program">
  <level label="a">
    <text>In this subtitle the following words have the meanings indicated.</text>
  </level>
  <level label="b">
    <text>“Certification agency” has the meaning stated in § 14–301 of this title.</text>
  </level>
  <level label="c">
    <text>“Economically disadvantaged individual” has the meaning stated in § 14–301 of this title.</text>
  </level>
  <level label="d">
    <text>“Small business” means:</text>
    <level label="1">
      <text>a certified minority business enterprise, as defined in § 14–301 of this title, that meets the criteria specified under item (3) of this subsection;</text>
    </level>
    <level label="2">
      <text>a veteran–owned small business enterprise, as defined in § 14–601 of this title, that meets the criteria specified under item (3) of this subsection;</text>
    </level>
    <level label="3">
      <text>a business, other than a broker, that meets the following criteria:</text>
      <level label="i">
        <text>the business is independently owned and operated;</text>
      </level>
      <level label="ii">
        <text>the business is not a subsidiary of another business;</text>
      </level>
      <level label="iii">
        <text>the business is not dominant in its field of operation; and</text>
      </level>
      <level label="iv">
        <level label="1">
          <level label="A">
            <text>the wholesale operations of the business did not employ more than 50 persons in its most recently completed 3 fiscal years;</text>
          </level>
        </level>
        <level label="B">
          <text>the retail operations of the business did not employ more than 25 persons in its most recently completed 3 fiscal years;</text>
        </level>
        <level label="C">
          <text>the manufacturing operations of the business did not employ more than 100 persons in its most recently completed 3 fiscal years;</text>
        </level>
        <level label="D">
          <text>the service operations of the business did not employ more than 100 persons in its most recently completed 3 fiscal years;</text>
        </level>
        <level label="E">
          <text>the construction operations of the business did not employ more than 50 persons in its most recently completed 3 fiscal years; and</text>
        </level>
        <level label="F">
          <text>the architectural and engineering services of the business did not employ more than 100 persons in its most recently completed 3 fiscal years; or</text>
        </level>
        <level label="2">
          <level label="A">
            <text>the gross sales of the wholesale operations of the business did not exceed an average of $4,000,000 in its most recently completed 3 fiscal years;</text>
          </level>
        </level>
        <level label="B">
          <text>the gross sales of the retail operations of the business did not exceed an average of $3,000,000 in its most recently completed 3 fiscal years;</text>
        </level>
        <level label="C">
          <text>the gross sales of the manufacturing operations of the business did not exceed an average of $2,000,000 in its most recently completed 3 fiscal years;</text>
        </level>
        <level label="D">
          <text>the gross sales of the service operations of the business did not exceed an average of $10,000,000 in its most recently completed 3 fiscal years;</text>
        </level>
        <level label="E">
          <text>the gross sales of the construction operations of the business did not exceed an average of $7,000,000 in its most recently completed 3 fiscal years; and</text>
        </level>
        <level label="F">
          <text>the gross sales of the architectural and engineering services of the business did not exceed an average of $4,500,000 in its most recently completed 3 fiscal years; or</text>
        </level>
      </level>
    </level>
    <level label="4">
      <text>a joint venture of two or more persons associated to carry out a single business activity for a limited purpose or time that meets the criteria specified under item (3) of this subsection.</text>
    </level>
  </level>
  <level label="e">
    <text>“Small business reserve” means those procurements that are limited to responses from small businesses under § 14–502(c) of this subtitle.</text>
  </level>
</section>
