Set-aside


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Set-aside

A percentage of a municipal or corporate bond underwriting that is allocated for handling by a minority-owned broker/dealer firm.

Set-Aside

The portion of a contract that is guaranteed to go to a minority owned company. For example, suppose a city wishes to contract out its trash collection services to a number of privately-owned companies. It may declare that 20% of the total value of the contract must go to one or more companies owned by a member of a minority group. While this is intended to reduce corruption in (especially local) governments, critics allege that this practice is, itself, subject to abuse. See also: Affirmative action.
References in periodicals archive ?
Air Force Consolidated Acquisition of Professional Services II (CAPS II): Small business set-aside.
We welcome the announcement on set-aside as it gives farmers and growers the opportunity to show the future for agriculture lies in achieving both the prosperity and productivity of agricultural and wildlife, side by side.
There are 4,527 hectares of set-aside in Wales, but moves are under way at a European level to abolish the system completely.
The newest mechanism for a specific socioeconomic set-aside goal achievement is the GWAC Veteran Technology Services (VETS), which is limited to service-disabled veteran owned businesses.
against the city of San Bernardino's minority set-aside program has led the city to drop the program in exchange for dropping the lawsuit.
It's unfortunate that people think the set-asides for minorities are the only ones," says Smith, whose company graduated from 8(a) nearly a decade ago.
Dr Stephen Tapper, director of policy and public affairs with the Game Conservancy Trust, said Parliamentarians and policy- makers must make sure that the conservation benefits of set-aside were not lost by building the system into new agri-environment schemes.
After Set-Aside Alert's customers identify a contract opportunity they can leverage epipeline's in-depth research service to evaluate it and make sound business decisions," said Tom Johnson, president of Business Research Services Inc.
Asked why almost all Democrats and 15 Republicans supported construction set-asides, Lott said, ``Maybe it will take an election to get them in tune with America.
Normally, farmers are required to cut the vegetation on their set-aside land between July 15 and August 15 and are not allowed to graze their animals on set-aside land.