Official:Amending Chapter 17-1600 of The Philadelphia Code, entitled "Economic Opportunity Plans," by modifying the monetary threshold triggering the requirement of an economic opportunity plan on City funded projects or contracts.
Sponsor: Councilmember Clarke
Introduced: March 4, 2010
Signed: June 17, 2010
: Committee on Commerce & Economic Development
Status: Signed into Law, step 4 of 4
This bill lowers the monetary threshold for requiring an economic opportunity plan (EOP) on City-funded projects and contracts from $1 million to $250,000. This means that more projects will need to meet EOP requirements, which aim to promote local hiring and contracting.
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