Q&A

CIRM - California Suppliers
 

Question: CIRM policy expects that grantees will utilize California suppliers when purchasing goods and services in CIRM supported research, and grantees will have to provide an explanation in annual reports for not using California suppliers if a 50% goal is not reached.Please clarify what CIRM considers to be a California supplier.
   
 

Answer: Per CIRM, the intent of Prop71 was to positively impact the tax revenue in California. So when a grantee purchases goods or services, if the money is paid and taxable in CA, this meets the intent of Prop 71 and is considered a "Californa supplier". The location of the headquarters or state or country of incorporation is not of interest to CIRM in meeting this requirement.
   
   

 

This page last updated on: Wednesday November 21 2007