Required Market Research For the purpose of requiring contracting agencies to conduct market research investigations before determining that no qualified certified business enterprises are available to enter into leases or concession contracts; requiring the Minority and Women’s Business Opportunity Office to attempt to identify qualified certified business enterprises if contracting agencies state that no qualified certified business enterprises are available to enter into leases or concession contracts; requiring the Minority and Women’s Business Opportunity Office to notify the contracting agency and the Board of Estimates if the Office identifies qualified certified business enterprises that are available to enter into leases or concession contracts; requiring contracting agencies that want to waive or reduce MBE/WBE contract goals to conduct market research and document the market research to demonstrate why it is necessary to waive or reduce MBE/WBE contract goals; requiring the Minority and Women’s Business Opportunity Office, if granting the waiver or reduction of contract goals, to give the waiver or reduction of contract goals and the accompanying market research documentation to the Board of Estimates; requiring contracting agencies that want to waive utilization requirements for a specific contract to conduct market research and document the market research to demonstrate that needed goods and services are only available from a sole source; requiring the Minority and Women’s Business Opportunity Office, if granting the waiver of utilization requirements for a specific contract because the needed goods and services are only available from a sole source, to give the waiver and the accompanying market research documentation to the Board of Estimates; defining a certain term; and making the Board of Estimates the ultimate arbiter regarding the reduction or waiver of MBE/WBE contract goals and utilization requirements.

Committee

Public Safety and Government Operations

Introduced

April 19, 2021

Passed

December 4, 2024