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Current as of March 28, 2024 | Updated by FindLaw Staff
For the purposes of this part, the term:
(1) “Department” means the Department of Administrative Services.
(2) “Georgia resident business” means any business that regularly maintains a place from which business is physically conducted in Georgia for at least one year prior to any bid or proposal to the state or a new business that is domiciled in Georgia and which regularly maintains a place from which business is physically conducted in Georgia; provided, however, that a place from which business is conducted shall not include a post office box, a leased private mailbox, site trailer, or temporary structure.
(3) “Small business” means a business which is independently owned and operated and:
(A) Tier one: has ten or fewer employees or $1 million or less in gross receipts per year;
(B) Tier two: has 100 or fewer employees or $10 million or less in gross receipts per year; or
(C) Tier three: has 300 or fewer employees or $30 million or less in gross receipts per year.
Cite this article: FindLaw.com - Georgia Code Title 50. State Government § 50-5-121 - last updated March 28, 2024 | https://codes.findlaw.com/ga/title-50-state-government/ga-code-sect-50-5-121/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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