среда, 14 марта 2012 г.

Set-aside ordinance aids local businesses

Chicago's new minority set-aside ordinance advances and improveson the 1985 executive order of the late Mayor Harold Washington.Pushed to passage in the City Council by Mayor Daley this week, theordinance ensures that set-asides will continue to apply on up to 30percent of all city contracts.

What's new about it is that it moves minority and women-ownedcompanies in the Chicago area into the front ranks to compete forcity contracts.

For the first time they will be able to compete directly andagainst one another for $69.3 million a year in prime contracts,about 11 percent of the city's annual purchases. The rest of theset-asides would be for subcontractors. The …

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