(a)    In this subtitle the following words have the meanings indicated.

(b)    “Small business” means:

(1)    a certified minority business enterprise, as defined in § 14–301 of this title, that meets the criteria specified under item (2) of this subsection; or

(2)    a business, other than a broker, that meets the following criteria:

(i)    the business is independently owned and operated;

(ii)    the business is not a subsidiary of another business;

(iii)    the business is not dominant in its field of operation; and

(iv)    1.    A.    the wholesale operations of the business did not employ more than 50 persons in its most recently completed 3 fiscal years;

B.    the retail operations of the business did not employ more than 25 persons in its most recently completed 3 fiscal years;

C.    the manufacturing operations of the business did not employ more than 100 persons in its most recently completed 3 fiscal years;

D.    the service operations of the business did not employ more than 100 persons in its most recently completed 3 fiscal years;

E.    the construction operations of the business did not employ more than 50 persons in its most recently completed 3 fiscal years; and

F.    the architectural and engineering services of the business did not employ more than 100 persons in its most recently completed 3 fiscal years; or

2.    A.    the gross sales of the wholesale operations of the business did not exceed an average of $4,000,000 in its most recently completed 3 fiscal years;

B.    the gross sales of the retail operations of the business did not exceed an average of $3,000,000 in its most recently completed 3 fiscal years;

C.    the gross sales of the manufacturing operations of the business did not exceed an average of $2,000,000 in its most recently completed 3 fiscal years;

D.    the gross sales of the service operations of the business did not exceed an average of $10,000,000 in its most recently completed 3 fiscal years;

E.    the gross sales of the construction operations of the business did not exceed an average of $7,000,000 in its most recently completed 3 fiscal years; and

F.    the gross sales of the architectural and engineering services of the business did not exceed an average of $4,500,000 in its most recently completed 3 fiscal years.

(c)    “Small business reserve” means those procurements that are limited to responses from small businesses under § 14–502(b) of this subtitle.