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 State Department of Commerce.
(B) Business 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 $4,000,000.
(2) A construction business with average annual receipts for the preceding three fiscal years in excess of $4,000,000.
(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.
(D) State business preference. An offeror is an Indiana business if it is incorporated in Indiana or registered as a domestic corporation or limited liability company with the Indiana Secretary of State, owned by an Indiana resident or residents, and has its principal place of business and corporate headquarters in the State of Indiana.
(Ord. 2001-032, passed 12-10-01)