California Code of Regulations
Title 2 - Administration
Division 2 - Financial Operations
Chapter 3 - Department of General Services
Subchapter 10 - Small Business Office-Late Payments on State Contracts with Small Businesses
Section 1896.50 - Small Business Definitions
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
For the purpose of determining whether a business qualifies for the penalty established by Government Code Section 926.15, the following definitions of small business shall apply:
(a) "Small Business," as used with regard to a construction contractor, means an individual or enterprise qualifying for the small business preference under Title 2, Subchapter 8, Section 1896 (l) of this code.
(b) "Small Business," as used with regard to an agreement for the purchase, lease or rental (with option to purchase) of goods, means an individual or enterprise qualifying for the small business preference under Title 2, Subchapter 8, Section 1896(m) of this code.
(c) "Small Business" as used with regard to a Service firm means an individual or enterprise qualifying for the small business preference under Title 2, Subchapter 8, Section 1896(n) of this code.
1. New
Subchapter 10 (Sections 1896.50 and
1896.51) filed 6-7-83; designated
effective 6-8-83 pursuant to Government Code Section
11346.2(d)
(Register 83, No. 24).
2. Amendment filed 10-7-85; effective upon
filing pursuant to Government Code Section
11346.2(d)
(Register 85, No. 41).
Note: Authority cited: Sections 926.15(e) and 14843, Government Code. Reference: Sections 926.15 and 14839.1, Government Code; and Sections 1896(l), (m) and (n), California Administrative Code; and Section 1101, Public Contract Code.
