Section 261.54.2. Definitions.

As used in this chapter, unless the context otherwise requires:

“Agency”  or “department”  means the departments and independent agencies established in Iowa Code chapter 7E.

“Board” means the targeted small business financial assistance board established by 2007 Iowa Acts, House File 890.

“Certification” means the process by which small businesses are identified as targeted small businesses by the department of inspections and appeals and determined eligible to participate in the targeted small business program.

“Contract” means any agreement or supplemental agreement between the state and its contractors, subcontractors, suppliers, vendors and professional service providers.

“DIA” means the department of inspections and appeals.

“Education institution” means a community college, area education agency, or a school district.

“Goals” means percentage or monetary goals set by a purchasing/contracting authority to encourage targeted small business participation.

“Good faith effort” includes, but is not limited to, efforts taken by a primary contractor to identify qualified TSBs for subcontract opportunities, notify qualified TSBs of potential subcontract opportunities, and assist TSBs in qualifying to bid as subcontractors.

“IDED” means the Iowa department of economic development.

“Minority” means an individual who is Black, Latino, Asian or Pacific Islander, or American Indian or Alaskan native.

“Primary contractor” means the individual, firm, partnership or corporation, or the lawful agent of any individual, firm, partnership or corporation, or surety under a contract bond, constituting one of the principals to the contract and undertaking to perform the contract work specified. A “primary contractor” includes all heirs, executors, administrators, successors and assigns of any of the above.

“Small business” and “targeted small business” shall have the meanings as defined in Iowa Code section 15.102.

“Subcontractor” means an individual or business contracting to perform part or all of a primary contractor’s contract.

“TSB” means targeted small business. A “TSB” is a business that is 51 percent or more owned by women, minorities, or persons with disabilities.