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Glossary of Federal Acquisition Regulation (FAR) terms used throughout EMA's Procurement Policy & Subcontracting Plans.

Small Business – a concern, including its affiliates, that is independently owned and operated, not dominant in the field of operation in which it is bidding on government contracts, and qualified as a small business under the Code of Federal Regulations (CFR) criteria and size standards in 13 CFR 121.

Small Disadvantaged Business (SDB) – a small business concern that is owned and controlled by socially and economically disadvantaged individuals. A Small Disadvantaged Business (SDB) concern refers to a small business concern that represents, as part of its offer that:

• It has received certification as a small disadvantaged business concern consistent with 13 CFR 124, Subpart B;

• No material change in disadvantaged ownership and control has occurred since its certification;

• Where the concern is owned by one or more individuals, the net worth of each individual upon whom the certification is based does not exceed $750,000 after taking into account the applicable exclusions set forth at 13 CFR 124.104(c)(2); and

• It is identified, on the date of its representation, as a certified small disadvantaged business in the database maintained by the Small Business Administration (Pro-Net).

Small Business Concern Owned & Controlled by Women (WOSB) – a small business concern...

• That is at least 51 percent owned by one or more women, or, in the case of any publicly owned business, at least 51 percent of the stock of which is owned by one or more women; and

• Whose management and daily business operations are controlled by one or more women.

Historically Black Colleges and Universities (HBCU) – institutions established prior to 1964 whose principal mission was, and is, the education of black Americans. These institutions must be accredited by a nationally recognized accrediting agency or association determined by the Secretary of Education.

Minority Institution (MI) – an institution of higher education whose enrollment of a single minority or a combination of minorities exceeds 50 percent of the total enrollment.

HUBZone Small Business Concern (HZ) – a small business concern that appears on the List of Qualified HUBZone Small Business Concerns maintained by the Small Business Administration.

Service-Disabled Veteran-Owned Small Businesses (SDVOSB) – a small business concern established in accordance with Public Law 106-50.