Market Type Acronym Descriptions for Contracts
Below you will find a list of acronyms associated with market types for contracts and their descriptions.
Encouraging Diversity, Growth, and Equity
This represents a contract or negotiated schedule that was awarded to, or includes, an EDGE-certified vendor. View more information on EDGE certifications.
Minority Business Enterprise
This represents a contract that was bid as an MBE set-aside, on which only State of Ohio certified MBE vendors could bid and receive an award. View more information on MBE certifications.
Minority Business Enterprise Participation Contract
This represents a contract that was an opportunity open to all vendors, or is a negotiated schedule, which has a State of Ohio certified MBE vendor listed as an awarded vendor or dealer.
Minority Business Enterprise "3" Contract
This represents a negotiated schedule where three or more State of Ohio certified MBE vendors are listed as State Term Schedule/Master Maintenance Agreement holders or dealers in an area/category. To obtain MBE set-aside credit, agencies must solicit quotes from at least three State of Ohio certified MBE vendors in the area/category.
This represents a contract that was an opportunity open to all vendors, or a negotiated schedule, and all vendors awarded are not State of Ohio certified EDGE or MBE vendors.
Partial Set Aside MBE Award
This represents a contract in which a portion of the supplies/services were bid as an MBE set-aside, on which only State of Ohio certified MBE vendors could bid and receive an award.
Embedded Minority Business Enterprise
This represents a contract that contained an embedded sheltered solicitation component, exclusively for competition among State of Ohio certified MBE vendors, which was performed by potential Offerors/Contractors.
This represents contracts awarded by agencies other than the Department of Administrative Services.
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