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MINORITY AND WOMEN BUSINESS ENTERPRISES
Minority Business Enterprise (MBE)
shall mean a small business concern, owned and controlled by one or more
minorities or women certified by the Rhode Island Department of Administration
to meet the definition established by Chapter 37-14.1 of the
General Laws of Rhode Island. A "small disadvantaged business" shall mean
a minority business enterprise.
Pursuant to the provisions of Title
37 Chapter 14.1 of the General Laws, the State reserves the right to apply
additional consideration to offers, and to direct awards to bidders other
than the responsive bid representing the lowest price where:
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the offer is fully responsive to the terms
and conditions of the Request, and
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the price offer is determined to be within
a competitive range (not to exceed 5% higher than the lowest responsive
price offer) for the product or service, and
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the firm making the offer has been certified
by the R.I. Department of Administration to be a small business concern
meeting the criteria established to be considered a Minority Business Enterprise.
Ten percent [10%] of the dollar value
of the work performed against contracts for construction exceeding $5,000
shall be performed by Minority Business Enterprises where it has been determined
that subcontract opportunities exist, and where certified Minority Business
Enterprises are available. A contractor may count towards its MBE, DBE,
or WBE goals 60% of its expenditures for materials and supplies required
under a contract and obtained from an MBE, DBE, or WBE regular dealer,
and 100% of such expenditures when obtained from an MBE, DBE, or WBE manufacturer.
Awards of this type shall be subject to approval, by the Director of Administration,
of a Subcontracting Plan submitted by the bidder receiving the award.
Small Disadvantaged Business shall
refer to either a "minority business enterprise" or a "disability business
enterprise".
For more information, visit the Minority Business Office website at:
www.mbe.ri.gov
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