Texas Administrative Code
Title 43 - TRANSPORTATION
Part 1 - TEXAS DEPARTMENT OF TRANSPORTATION
Chapter 9 - CONTRACT AND GRANT MANAGEMENT
Subchapter K - SMALL BUSINESS ENTERPRISE (SBE) PROGRAM
Section 9.304 - Eligibility for Certification
Universal Citation: 43 TX Admin Code § 9.304
Current through Reg. 50, No. 13; March 28, 2025
To be eligible for certification as an SBE:
(1) a firm's annual gross receipts, including the annual gross receipts of all of the firm's affiliates, for the three preceding completed fiscal years may not have exceeded the United States Small Business Administration's size standard for the North American Industry Classification Code, as provided by 13 C.F.R. §121.201, that is designated as the principal business of the firm; and
(2) at least 51 percent of the firm's assets and interest and classes of stock and equitable securities, if applicable, must be owned by one or more persons who are United States citizens or lawfully admitted permanent residents.
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