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What does the term Section 3 Business Concern mean?
Section 3 business concerns are businesses that can provide evidence that they meet one of the following:
a) 51 percent or more owned by Section 3 residents; or

b) At least 30 percent of its full time employees include persons that are currently Section 3 residents, or within three years of the date of first employment with the business concern were Section 3 residents; or

c) Provides evidence, as required, of a commitment to subcontract in excess of 25 percent of the dollar award of all subcontracts to be awarded to business concerns that meet the qualifications in the above two paragraphs.

Section 3

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1. What is Section 3?
2. What does the term “Section 3 resident” mean?
3. What does the term Section 3 Business Concern mean?
4. How is “low-income” determined?
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