City reacts to Proposal 2, establishes Disadvantaged Business Enterprise
Since the passing of Proposal 2, the city can no longer award contract bids that favor minorities and women. In an attempt to comply with Proposal 2, a new policy has been adopted to include “disadvantaged” businesses receive a fair chance to receive city contracts over $10,000.
According to excerpts from the story:
In the post-Proposal 2 world, where city contracts no longer can favor minorities and women, there is now the Disadvantaged Business Enterprise.
That’s the designation replacing minority-owned and women-owned businesses in the city’s new policy for granting construction contracts more than $10,000.
Read the complete story here.
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