Local & State
|Report: Gap in city business contracts exist, but closing|
|Gulf in deals with underutilized businesses|
|Published Monday, November 13, 2017 10:16 pm|
Charlotte still has disparities in city contracts awarded to minority- and women-owned businesses, but the gap is closing.
A report presented Monday to City Council shows disparity in the amount of deals awarded to minorities and women, but strides are being made in the city’s practices. The study included an analysis of $1.8 billion in bids awarded between fiscal years 2011-16. The report showed evidence of contract disparity as well as greater utilization of underutilized businesses after the city set goals to reduce the gulf.
The study’s intent was to verify whether disparities exist and doesn’t make recommendations on how to change contracting policies and programs.
Based on the survey’s findings, the city will keep its race- and gender-conscious initiatives in its contracting programs. The council is expected to adopt the findings at the Nov. 27 business meeting before reviewing the study for recommendations.
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