Program provides opportunities to local small business firms without
regard to race or sex.
These LDBE firms are eligible for any Authority
contract that requires LDBE participation.
An LDBE is defined as a small
business concern which is organized for profit and located within a
100-mile radius of Washington, DC's Zero Mile Marker.
entities located within cities and counties that fall partially within
the aforementioned boundary are also eligible to participate in the
Authority's LDBE program.
The average annual gross receipts, based on
the firm's last three years of receipts, must not exceed the small
business size standard established by the Authority for the services or
goods that will be provided in an Authority contract.
The receipts of
all affiliates are counted in determining size. Business concerns are
affiliates of each other when, either directly or indirectly, (1) one
concern controls or has the power to control the other, or (2) a third
party (or parties) has the power to control both.
Consideration is given
to such factors as common ownership and management, contractual
relationships and overlapping authority.