Official:Amending Chapter 17-1500 of The Philadelphia Code, entitled "Annual Disparity Study and Participation Goals," by specifying the principal formulas to be used in calculating (1) the percentage of contracts awarded to Minority Business Enterprises (MBEs), Women Business Enterprises (WBEs), and Disabled Business Enterprises (DSBEs) (collectively known as M/W/DSBEs); and (2) participation goals for future contracts to be awarded to M/W/DSBEs; all under certain terms and conditions.
Sponsor: Councilmember Goode
Introduced: April 10, 2014
Signed: May 8, 2014
: Committee on Commerce & Economic Development
Status: Signed into Law, step 4 of 4
This bill requires the City's Finance Director to use a specific formula when calculating contracts awarded to minority and women-owned businesses, and sets goals for future participation.
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