Requires that public contracts be divided by size into large, medium, small and micro contracts for the purpose of increasing opportunities for small businesses, including minority-owned business enterprises and women-owned business enterprises, to participate in state contracts.
Requires State agencies to make good faith effort towards certain goals to use certified minority and women-owned businesses as prime contractors and subcontractors.
Requires that certain contracts let by the office of general services be reserved for small businesses, including minority-owned business enterprises and women-owned business enterprises.
Provides that disability-owned businesses be included in certain business development programs, direct loan programs, and certification processes; requires Chief Diversity Officer compile information on awarding of State contracts to disability-owned businesses.
Provides that disability-owned businesses be included in certain business development programs, direct loan programs, and certification processes; requires Chief Diversity Officer compile information on awarding of State contracts to disability-owned businesses.
Authorizes the director of the division of minority and women's business development and the county executive of counties to enter into a memorandum of understanding to allow reciprocity between the state and such county for businesses that are certified as minority and women-owned business enterprises.
Relates to establishing expanded construction mentorship opportunities for small business enterprises where there is privity of contract between a small business enterprise and a subcontractor or contractor working on an authority public works contract.