PocketLaw | US Virgin Islands Code | Set-Aside Contracts

Set-Aside Contracts

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Legislative declarations

Definitions

Set-aside contracts for bona fide resident's business enterprises; percentage requirements and goals

Noncompliance with provisions relating to expenditures and assignments to preferred contractor's business enterprises; suspension, revocation or other penalties compliance period

Unified certification procedure for preferred contractor's business enterprises

List of certified enterprises; annual review challenge of designation

Regulations

Full compliance requirement; applicability to contractors, subcontractors and their assignees