49 CFR 23.47 – What is the base for a recipient’s goal for concessions other than car rentals?
(a) As a recipient, the base for your goal includes the total gross receipts of concessions, except as otherwise provided in this section.
Terms Used In 49 CFR 23.47
- Contract: A legal written agreement that becomes binding when signed.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
(b) This base does not include the gross receipts of car rental operations.
(c) The dollar amount of a management contract or subcontract with a non-ACDBE and the gross receipts of business activities to which a management or subcontract with a non-ACDBE pertains are not added to this base.
(d) This base does not include any portion of a firm’s estimated gross receipts that will not be generated from a concession.