La. Admin. Code tit. 70 § XIX-119

Current through Register Vol. 50, No. 11, November 20, 2024

Section XIX-119 - Eligibility Requirements

A. Applicants must meet all of the following eligibility requirements:

1. businesses resident of and domiciled in the state of Louisiana;

2. a small business as defined in Section 3 of the Small Business Act;

3. at least 51 percent owned and controlled by one or more socially or economically disadvantaged minority individuals as defined in these rules;

4. capable of, and intends to perform a commercially useful function, as defined in these rules;

5. an independent, operational and functional business, as defined in these rules;

6. a business with adequate resources with which to perform the work of a contract.

La. Admin. Code tit. 70, § XIX-119

Promulgated by the Department of Transportation and Development, LR 19:507 (April 1993).

AUTHORITY NOTE: Promulgated in accordance with R.S. 48:234(C).