Councilman Introduces Motion to Expand Contracting Opportunities for Small and Micro Businesses and Recognizes Local African American Business Leaders
Committed to supporting and expanding the success of local small businesses, Councilman Curren Price put forward a motion to level the playing field for these special groups to secure public contracts. Los Angeles spends more than $1 billion annually in public contracts for goods and services yet for decades local small and micro businesses have failed to secure a large amount of those contracts, despite previous city efforts.
Councilman Price has asked the City’s Bureau of Contract Administration to report back on ways that they could provide more assistance to the local small and micro business community including providing larger bid discounts, subcontracting opportunities, and information and training. Councilman Price also asked the department to study the feasibility of setting aside a larger percentage of the City’s contracts exclusively for local small and micro businesses.
“Small businesses are the life and blood of our local economy and as Chair of Economic Development, I am committed to doing everything I can to support and ensure the long term viability of this vital part of our business community,” said Councilman Price.
These actions are similar to what was done recently in San Francisco, where the city approved a new plan where no less than half of their eligible public works and construction contracts, and no less than a quarter of their eligible services and commodities contracts, had to go to local small and micro businesses, essentially creating a “sheltered marketplace.”
Councilman Price also cemented his support of minority owned businesses last month, honoring some of LA’s most prominent African-American business leaders during Black History month. Price recognized business leaders who have dedicated their professional careers to expanding opportunities for African-American business owners including Jacque Bee and Crystal Mitchell, co-directors of Recycling Black Dollars, Earl “Skip” Cooper, founder of the Black Business Association, Gene Hale, President of G&C Equipment Corporation and founding member of the Greater Los Angeles African American Chamber of Congress, and Madame MC Townsend, President of the Regional Black Chamber of Commerce of the San Fernando Valley.
“These individuals are all consummate professionals whose vital contributions to economic development in the Greater Los Angeles African American community have been invaluable,” Councilman Price said.