§ 2-643. Definitions.

The words and phrases defined in this section and used in this article have the following meanings:

Concession contracts mean the renting of city-owned space on a contractual basis for the purpose of making a profit by selling a commodity/service.

Joint venture means a collaboration of for-profit business entities, in response to a solicitation, which is manifested by a written agreement, between two (2) or more independently owned and controlled business firms to form a third business entity solely for purposes of undertaking distinct roles and responsibilities in the completion of a given contract. Under this business arrangement, each joint venture partner shares in the management of the joint venture and also shares in the profits or losses of the joint venture enterprise commensurately with its contribution to the venture.

Respondent means a person or business entity that submits a responsive bid or proposal for a discretionary contract.

Small business means a business that does not exceed the U.S. Small Business Administration's size standards for small business preference eligibility, which vary by work category, as set forth in 13 CFR, § 121.201, as amended.

Veteran, as defined in 38 CFR § 74.1, as amended, is a person who served on active duty with the U.S. Army, Air Force, Navy, Marine Corps or Coast Guard, for any length of time and at any place and who was discharged or released under conditions other than dishonorable. Reservists or members of the National Guard called to federal active duty or disabled from a disease or injury incurred or aggravated in line of duty or while in training status also qualify as a veteran.

Veteran-owned small business (VOSB), as specified in 38 CFR § 74.1, as amended, is a business that is not less than fifty-one (51) percent owned by one or more veterans, or in the case of any publicly owned business, not less than fifty-one (51) percent of the stock of which is owned by one or more veterans; the management and daily business operations of which are controlled by one or more veterans and qualifies as "small" for federal business size standard purposes. When used in this article, the term "VOSB" includes service-disabled veteran-owned small business, as that term is specified in 38 CFR § 74.1, as amended.

(Ord. No. 2013-12-05-0864, § 1, 12-5-13; Ord. No. 2014-11-13-0924, § 2, 11-13-14)