Md. Code Regs. 21.11.14.02

Current through Register Vol. 51, No. 24, December 2, 2024

Section 21.11.14.02 - Definitions

A. In this chapter, the following terms have the meanings indicated.

B. Terms Defined.

(1) "Certification" means a determination by the certification agency through the procedures outlined in this chapter that a legal entity is a veteran-owned small business enterprise (VSBE) for purposes of these regulations.

(2) "Certification agency" means the Governor's Office of Small, Minority Women Business Affairs (GOSBA).

(3) "Certified VSBE" means a veteran-owned small business that holds a certification issued by the certification agency.

(4) "control" means the exercise of the power to manage and operate a business enterprise.

(5) "Database" means the State's Internet-based electronic procurement system.

(6) "Procurement agency" has the meaning stated in COMAR 21.01.02.01B.

(7) "Vendor" has the meaning stated in COMAR 21.01.02.01B.

(8) "Verification" means a business owner that is verified by the Maryland Department of Veterans Affairs or the U.S. Small Business Administration as a veteran.

(9) "Veteran" means an individual who is verified as having served on active duty in the armed forces of the United States, other than for training, and was discharged or released under conditions other than dishonorable.

(10) "Veteran-owned small business enterprise (VSBE)" means a for-profit business, other than a joint venture, that:

(a) Meets the size standards adopted by the U.S. Small Business Administration in 13 CFR § 121.201 and any subsequent revision of that regulation; and

(b) Is at least 51 percent owned by one or more individuals who:

(i) Are veterans; and

(ii) Control the management and daily operations of the business.

Md. Code Regs. 21.11.14.02

Regulation .02 effective 41:8 Md. R. 473, eff.4/28/2014 recodified from 21.11.13.02 effective 47:26 Md. R. 1108, eff. 12/28/2020; amended effective 49:10 Md. R. 562, eff. 5/16/2022; amended effective 51:6 Md. R. 270, eff. 4/1/2024.