D.C. Mun. Regs. r. 27-810

Current through Register Vol. 71, No. 24, June 14, 2024
Rule 27-810 - REPORTING REQUIREMENTS FOR JOINT VENTURES
810.1

The joint venture shall notify the Department within five (5) days of the award of the contract whether the joint venture was awarded the contract.

810.2

The joint venture shall notify the Department within five (5) days of the solicitation being withdrawn or cancelled.

810.3

A joint venture shall submit to the Department quarterly reports showing all income and contract and subcontract receipts, all expenses (including fees for services and labor, salaries of the joint venture principals, and distribution of profits) no later than sixty (60) days after the end of each operating quarter of the calendar year.

810.4

A joint venture shall submit to the Department the information contained in § 810.3 for the final quarter and a project-end income statement no later than forty-five (45) days after completion of the contract with a statement of final profit distribution.

810.5

Information provided under §§ 810.3 and 810.4 could be commercial or financial information which, if disclosed, could result in substantial harm to the competitive position of the provider of the information and, accordingly, may be exempt from disclosure under Section 204(a)(1) of the District of Columbia Administrative Procedure Act, effective March 25, 1977 (D.C. Law 1-96; D.C. Official Code § 2-534(a)(1)).

D.C. Mun. Regs. r. 27-810

Final Rulemaking published at 39 DCR 9052 (December 4, 1992); as amended by Final Rulemaking published at 56 DCR 8439 (October 23, 2009), incorporating by reference text of Proposed Rulemaking published at 56 DCR 5622, 5630 (July 10, 2009); amended by Final Rulemaking published at 70 DCR 10970 (8/11/2023)
Authority: Section 2372 of the Small, Local, and Disadvantaged Business Enterprise Development and Assistance Act of 2005 (Act), effective October 20, 2005 (D.C. Law 16-33; D.C. Official Code § 2-218.72 )(2009 Supp.) and Mayor's Order 2009-58, dated April 15, 2009.