Preference shall be given to investment managers deemed to meet the objectives, goals and required criteria contained under this subchapter, plus demonstration of at least one of the following characteristics:
(1) Be an investment management firm headquartered or incorporated within this Commonwealth.
(2) Be a:
(i) veteran-owned investment management firm, with proper DD-214 verification and honorable discharge; or
(ii) service-disabled-veteran-owned investment management firm with a letter from the United States Department of Veteran Affairs.
(3) Be a minority-owned or women-owned investment management firm approved by the Office of Minority and Women Business Enterprise in accordance with the criteria established by Executive Order No. 1987-18 and 4 Pa. Code § 68.204 (relating to eligibility standards).
References in Text. 4 Pa.Code § 68.204, referred to in par. (3), does not exist.