1699-M - Definitions.

NY Pub Auth L § 1699-M (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(1) No wholesale business is a small business if its annual sales for its most recently completed fiscal year, nor is a construction business if its average annual receipts for the preceding three fiscal years, exceed one million dollars.

(2) No retail business or business selling services is a small business if its annual sales and receipts exceed two hundred fifty thousand dollars.

(3) No manufacturing business is a small business if it employs more than two hundred fifty persons. d. "Small business set-asides" means a purchase request for which bids are to be invited and accepted only from small businesses by the chairman.