Is My Business Eligible?
Small Local Business Enterprise (“SLBE”): An independently owned firm that is not dominant in its industry and that satisfies all requirements of being both a “Small Business Enterprise” and a “Local Business Enterprise.”
Emerging SLBE ("ESLBE"): An emerging firm that meets all of the qualifications of a Small Local Business Enterprise, and:
Is less than five (5) years old;
Has no more than five (5) full-time employees;
Annual gross sales as averaged over the life of the firm are less than $1 million.
Joint Venture (“JV”). An association of two or more persons or businesses carrying out a single business enterprise for which purpose they combine their capital, efforts, skills, knowledge and/or property. Joint ventures must be established by written agreement. Joint ventures must be certified on a bid-by-bid basis. The joint venture shall not be subject to the average gross receipts and employee limits imposed by this section. However, each individual business participating in the joint venture must be certified by the Procurement Department as an SBE. This definition is subsumed within the definition of Small Local Business Enterprises.
Sect. 2-641 (a).
For the purpose of this program, a firm will be certified as a Small and Local Business Enterprise (SLBE) (or Emerging SLBE (ESLBE)) with the Procurement Department upon its submission of a completed certification form (SLBE/ESLBE Form-R), supporting documentation, and a signed and notarized affidavit affirming that it meets all of the SLBE/ESLBE eligibility criteria as set forth below:
1. An independently owned and operated for-profit business concern as defined by South Carolina Code of Laws, Title 33, Chapter 31;
a. Is not a broker;
b. Is not a subsidiary of another business;
c. Is not dominant in its field of operation;
d. Whose owners are actively involved in day-to-day management and control of the business;
e. And that also is performing a commercially useful function.
2. It meets size standard eligibility requirements for Small Business Enterprises as defined in the box to the right:
Construction firms, specialty trade firms, and manufacturing firms have not employed more than 50 full-time persons at any time during the last three years, and the gross annual revenues of the business for its largest primary NAICS code have not exceeded an average of $7 million in its most recently completed 3 fiscal years; If a business has not existed for 3 years, the employment and gross revenue limits described above shall be applied based upon the annual averages not to exceed three years.
Once the gross annual revenues of a business exceed the three-year average gross annual revenue limits, it should no longer be eligible to benefit as an SLBE firm and should be permanently graduated from the program. The size standards in number of employees and annual gross revenue dollars should be reviewed annually and adjusted periodically to meet changes in market conditions. Joint ventures must be certified on a bid-by-bid basis. The joint venture itself shall not be subject to the size standard limitations imposed by this section. However, each individual business participating in the joint venture must be certified by the Procurement Department as an SLBE in order for the joint venture to receive the benefits of the SLBE program. This definition is subsumed within the definition of Small Local Business Enterprises.
To view Eligibility Requirements by Category click here.
*This summary is provided to simplify the eligibility requirements outlined in the ordinance, however, prospective participants and other interested parties are responsible for reading the Ordinance 049-13HR (SLBE) in its entirety before applying to the program.