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<br />e <br /> <br />e <br /> <br />B. Women Business Enterprise (WBE) means, for the purpose of this report, a business <br />enterprise of at least 51 percent of which is owned and controlled by a woman or <br />women, or, in the case of a publicly-owned business, at least 51 percent of the stock of <br />which is owned and controlled by women. Women are expected to be engaged full time <br />in the day-to-day operation and management of the business. <br /> <br />C. The State of Colorado does not have a certification process nor does it require MBE's <br />and WBE's to be certified EXCEPT for certain contracts for highway and bridge <br />construction administered by the Colorado Department of Transportation. <br /> <br />D. The percentages of minority and women-owned business participation will be <br />determined by dollar value of the work subcontracted to or joint ventured with minority <br />and women-owned firms, as compared to the total dollar value of the bid amount for all <br />work bid under this contract. <br /> <br />E. Prior to the award of this contract, the contractor will be required to provide to the <br />Principal Representative a list of W/MBE enterprises, stipulating the dollar amount of <br />each subcontract or supplier of materials on the Minority and Women Business <br />Enterprises Participation Report W/MBE-1 form.. <br /> <br />F. A bidder who fails or refuses to complete and return Report W/MBE-1 shall not be <br />deemed a responsive bidder and will not be awarded the Contract. Where a bidder <br />intends to attain its goal for minority or women-owned enterprise participation by use of a <br />joint venture, the joint venture agreement and other appropriate evidence of percentage <br />participation must be furnished. <br /> <br />G. The awarding agency will review the contractor's minority and women-owned enterprise <br />utilization efforts during performance of this contract. If, at any point during the <br />performance of the contract, it becomes evident, or it materializes that a minority or <br />women-owned business enterprise listed in said contract is no longer available to <br />perform the services or supply the materials therein indicated, for whatever reason, the <br />contractor shall notify the Principal Representative of this circumstance prior to <br />subcontracting or otherwise engaging in the work specified. . <br /> <br />H. The contractor will retain records and documents showing the level of participation for <br />two years following completion of this contract. These records and documents, or <br />copies thereof, will be made available at reasonable times and places for inspection by <br />an authorized representative of the Principal Representative, or its designated <br />representatives, and will be submitted to such representatives upon written request. <br /> <br />MBEREPORT <br />Rev. 04/99 <br />