The Town Council hereby establishes criteria for determining qualifications as a small business and to identify specific supplies for small business set-aside purchases:
(A) Qualification. A business qualifies as a small business if it qualifies as a small business under the standards established by the Indiana Department of Commerce.
(B) Businesses Not Eligible. The following businesses are not eligible for the town's small business set-aside:
(1) A wholesale business with average annual sales for the most recently completed fiscal year in excess of $4 Million.
(2) A construction business with average annual receipts for the preceding three fiscal years in excess of $4 Million.
(3) A retail business or a business selling services with annual sales and receipts which exceed $500,000.
(4) A manufacturing business which employs more than 100 persons.
(C) Specific Supplies Eligible for Small-Business Set Asides. The purchasing agency may from time to time designate, in writing, specific supplies which are eligible for small business set-asides.
(Ord. 98-G-04, passed 6-30-98)