§ 2–218.31a. Grace period for compliance with § 2-218.31(1A).

*NOTE: This section was created by temporary legislation that will expire on February 10, 2023.*

(a) Except as provided in subsection (b) of this section, a business enterprise currently certified as a local business enterprise pursuant [to] this subchapter that does not meet the requirements of § 2-218.31(1A) and does not submit a new application to the Department of Small and Local Business Development to be recertified as a local business enterprise within 90 days of July 21, 2021, shall have its certification revoked pursuant to § 2-218.63(a)(2)(B).

(b) A business enterprise currently certified as a local business enterprise pursuant to this subchapter that does not meet the requirements of § 2-218.31(1A) but has an existing contract with the District, or was included as a subcontractor on a subcontracting plan on an existing contract with the District, shall be permitted to complete the term of that contract or subcontract, including the base year and any option years under the contract or subcontract, and receive the appropriate credit towards assisting an agency in meeting its goals pursuant to § 2-218.41 and subcontracting points pursuant to § 2-218.46 under its current certification. Upon completion of the term of that contract, the business enterprise must meet the requirements of § 2-218.31(1A) and be recertified to remain a local business enterprise.