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 and by modifying the required contents of economic opportunity plans, all under certain terms and conditions.
Sponsor: Council President Clarke
Introduced: April 21, 2016
Signed: June 16, 2016
: Committee on Commerce & Economic Development
Status: Signed into Law, step 4 of 4
This bill amends the rules for when a City-funded project or contract requires an Economic Opportunity Plan (EOP). The threshold for triggering an EOP has been lowered from $250,000 to $100,000, and the required contents of EOPs have also been modified.
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