52:27H-21.22a - Application for recertification for first-time applicant

52:27H-21.22a  Application for recertification for first-time applicant.

4.The director shall require a first-time applicant to apply for recertification as a minority business or women's business one year after the original certification was issued.  The director may require of the applicant the documentation that is necessary to determine the applicant's eligibility for recertification, including but not limited to:

a.Names and addresses of the owner, partners or shareholders, as applicable, and their representative shares of ownership;

b.Names and addresses of members of the board of directors, in the case of corporations;

c.Names and addresses of the officers of the business;

d.Names and addresses of capital investors;

e.Number of shares of stock issued and outstanding, in the case of a corporation;

f.Articles of incorporation, bylaws, partnership agreements, or joint venture agreements, as applicable;

g.The capacity of the business to be bonded;

h.The affiliation of the business or any of its owners, officers or directors with any other business entity;

i.A representative list of prior and current clients;

j.Major real and personal property holdings of the business;

k.Financial statements and balance sheets;

l.Banking institutions with which the business is affiliated; and

m.Organizational charts;

n.An applicant's certificate of birth and motor vehicle driver's license;

o.Personal or corporate federal or State income tax returns;

p.An affidavit certifying that the applicant is a minority business or women's business, as defined in section 2 of P.L.1986, c.195 (C.52:27H-21.18); and

q.Any other information the director deems necessary to effectuate the purposes of this act.

L.2003,c.189,c.4.