Relates to establishing expanded construction mentorship opportunities for small and minority and women-owned business enterprises where there is privity of contract between a minority and women-owned business enterprise and a subcontractor or contractor working on an authority public works contract.
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.
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.
Relates to minority and women-owned business enterprise fraud and the monies of the minority and women-owned business enterprise fund; and to the effectiveness of certain provisions related thereto.
Relates to minority and women-owned business enterprise fraud and the monies of the minority and women-owned business enterprise fund; and to the effectiveness of certain provisions related thereto.
Requires contractors receiving public funds to pay amounts owed to small businesses and minority-owned business enterprises within seven days of receipt of payment from state agencies.