District of Columbia Code Division I. Government of District. § 9-1158. Selection of the franchisee.

(1) That no less than 50% of the equity interest holders of the entity have resided in the District of Columbia for at least 3 years

(2) That at least 50% of the voting shares or equity interest of the entity is held by individuals who are members of a minority group or organization operated for the purpose of aiding such persons as defined in subchapter VIII of Chapter 2 of Title 2; and

(3) That the entity is capable of satisfying the general standards for responsible prospective contractors as set forth in the Federal Procurement Regulations (41 C.F.R. 1-1.1203-1).