5 Guam Code Ann. § 5013
Terms Used In 5 Guam Code Ann. § 5013
- Contract: A legal written agreement that becomes binding when signed.
COL 7/27/2023
5 Guam Code Ann. GOVERNMENT OPERATIONS
CH. 5 GUAM PROCUREMENT LAW
(b) Qualifications of a Women-Owned Business. A business concern is qualified under Subsection (a) of this Section if:
(1) the business concern is licensed to do business on
Guam;
(2) the business concern maintains its headquarters on
Guam;
(3) the business concern is at least fifty-one percent (51%) owned by women, who manage day-to-day operations and make long-term decisions;
(4) the business concern is certified as a Women- Owned Small Business (WOSB) or an Economically Disadvantaged Women-Owned Small Business (EDWOSB) by the U.S. Small Business Administration; and
(5) the owner(s) of the business concern has (have) filed individual tax returns on Guam for a period of at least three (3) consecutive years.
SOURCE: Added by P.L. 36-026:3 (June 8, 2021).
2021 NOTE: P.L. 36-054:XII:38 (Sept. 11, 2021) added a new § 5013 entitled “”Advance Payment for Medicines Allowed””; however, to avoid confusion with this existing provision, the new law was renumbered to § 5007.1. by the Compiler pursuant to 1 Guam Code Ann. § 1606.
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SUBARTICLE B DETERMINATION