![]() Similarly, governments that put infrastructure projects out for bid require contractors to obtain performance bonds to help guarantee that the work will be completed. That’s why California requires every licensed contractor to carry a $25,000 surety bond that can be tapped if the contractor doesn’t complete the work. Here are some of the barriers that small businesses face to competing for government contracts, as well as the solutions offered by the regional contractor development program.Ĭalifornia To do business with L.A., city contractors now must disclose ties with the NRAĪnyone who hires a contractor risks having that person quit before the job is done, leaving an expensive mess. That encompasses a broad variety of firms, including architects, engineers, artists, sign makers, electricians, plumbers, landscapers, job-site clean-up companies and heating and air conditioning installers. The regional contractor development program works with small businesses that aren’t disadvantaged or minority owned as well as those that are its target is businesses capable of fulfilling construction contracts of up to $15 million, Merriwether said. But Metro and other public agencies have “a very rigorous certification process to make sure the firms that receive any kind of benefits of the meet the requirements,” she said. ![]() Given how much money is being spent on public works, Merriwether said, “you will always find examples of some businesses trying to take advantage” of the system. In one example of the latter, an investigation by The Times in 2019 found that $300 million worth of federal contracts intended for minority-owned businesses went to business owners with unsubstantiated claims of Native American heritage.
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