Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32Glossary of Terms (cont.) Dollars—Dollars paid and awarded to primes, subcontractors and suppliers for WSSC contracted goods and services. Fiscal Year (FY)—WSSC’s Fiscal Year is July 1 through June 30. General Manager/Chief Executive Officer (GM/CEO)—The most senior manager in the WSSC organization chart, who is referred to as “General Manager” in Title 18 of the Public Utilities Article and in certain WSSC Standard Procedures and other official WSSC documents, and any successor position thereto irrespective of name. Goal—Either a desired annual target or a contract- specific subcontracting requirement. Annual targets are aspirational; they are not applicable to individual contracts, but are intended to serve as benchmarks against which to measure the effectiveness of the SLMBE Program in increasing participation of ready, willing and able SLMBEs in WSSC contracting opportunities. Good Faith Efforts—Actions taken by a bidder, respondent or prime contractor as established by reliable documentation of the bidder’s intent to comply with the SLMBE Program goals and procedures. Good faith efforts go beyond due diligence and include, but are not limited to, all specified requirements. Goods—Supplies, equipment, materials, and all tangible personal property, excluding real property. Graduation—An M/WBE or SLBE firm permanently graduates from WSSC’s SLMBE Program when it meets the criteria stated in SP MBE 11-01 (effective May 1, 2011) and SP SLBE 12-01 (effective August 26, 2011), respectively. MBE—MBE is used in two ways in this report: (1) When used to describe an official WSSC program or policy, MBE refers to any legal entity, except a joint venture, that is organized to engage in commercial transactions; is certified as being at least fifty-one percent (51%) owned, managed, and controlled by one or more socially and economically disadvantaged minority or woman individuals as defined in Article §14-301 of the State Finance & Procurement Article of the Maryland Annotated Code; and is ready, willing, and able to sell goods or services that are purchased by the WSSC. In this use, MBE includes women-owned business enterprises and is limited to firms that have obtained MBE certification in accordance with the provisions of Section VII.A. (2) When used in conjunction with graphs and tables in this report, it includes only minority-owned businesses, and does not include women-owned businesses. M/WBE Percentage—The total contract awards and/ or total contract payments made to certified minority and women business enterprises divided by the total awards/payments (majority plus M/WBE.) Note that it is possible to have a lower M/WBE payment percentage in a given year, even if the total amount paid is higher, depending on the total dollar amount of all contract payments. Payments—Dollars actually paid to prime contractors, subcontractors, or suppliers for WSSC-contracted goods and services. Procurement—Buying, purchasing, renting, leasing, or otherwise acquiring any goods and supply services related to those goods and services, and any kind of professional services, including consultants, architectural and engineering services, or construction. It also includes all functions under the Chief Procurement Officer, including description of requirements, selection and solicitation of sources, preparation and award of contract, and all phases of contract administration. Procurement Card (P-Card)—A credit card used by Commission employees to purchase items under $5,000. These expenditures are not currently included in the M/WBE payment data. Procurement Office—The office that obtains goods and professional services Commission-wide. WSSC SLMBE Program Performance Results Report FY 2016 27