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TranSystems Corporation - LGM Construction

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G-3<br />

2. A Women-owned Business Enterprise (WBE), which means any<br />

business enterprise that is at least fifty-one- percent-owned by, or in<br />

the case of a publicly owned business, at least fifty-one percent of<br />

the stock of which is owned by, women and such ownership is real,<br />

substantial and continuing.<br />

3. A Service Disabled Veteran Owned Business Enterprise, which<br />

means any business enterprise that is at least fifty-one-percentowned<br />

by, or in the case of a publicly owned business, at least fiftyone<br />

percent of the stock of which is owned by, veterans who served<br />

in the U.S. Armed Forces and were discharged or released under<br />

conditions other than dishonorable and who either was discharged<br />

for disability or sustained during his or her service a minimum<br />

compensable disability of thirty percent (30%) and such ownership<br />

is real, substantial and continuing.<br />

4. A Vietnam Era Veteran Owned Business Enterprise, which means<br />

any business enterprise that is at least fifty-one-percent-owned by,<br />

or in the case of a publicly owned business, at least fifty-one<br />

percent of the stock of which is owned by, veterans who served in<br />

the U.S. Armed Forces and were discharged or released under<br />

conditions other than dishonorable and who served for a period of<br />

more than 180 days, any part of which was between August 5,<br />

1964, and May 7, 1975, and such ownership is real, substantial and<br />

continuing.<br />

5. A for-profit, small business concern that is at least fifty-onepercent-owned<br />

by one or more socially and economically<br />

disadvantaged individuals, or, in the case of any publicly owned<br />

business, at least fifty-one percent of the stock of which is owned<br />

by one or more socially and economically disadvantaged<br />

individuals; and whose management and daily business operations<br />

are controlled by one or more of the socially and economically<br />

disadvantaged owners of the small business concern with the net<br />

worth of none of the socially and economically disadvantaged<br />

owners not exceeding $750,000.00.<br />

Individuals in the groups listed below who are citizens of the<br />

United States (or lawfully admitted permanent residents) are<br />

presumed socially and economically disadvantaged. The<br />

presumption is a rebuttable one since other parties may challenge<br />

whether any particular person in one of these groups is actually<br />

disadvantaged. The groups are:<br />

a. Women;

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