Small Business Initiative Construction Program Mbe & Wbe Special Conditions - City of Chicago, Illinois

Small Business Initiative Construction Program Mbe & Wbe Special Conditions is a legal document that was released by the Department of Procurement Services - City of Chicago, Illinois - a government authority operating within Illinois. The form may be used strictly within City of Chicago.

FAQ

Q: What is the Small Business Initiative Construction Program in the City of Chicago?A: The Small Business Initiative Construction Program is a program in the City of Chicago, Illinois that promotes the participation of Minority Business Enterprises (MBE) and Women Business Enterprises (WBE) in construction projects.

Q: What are MBE and WBE?A: MBE stands for Minority Business Enterprise, which refers to a business that is owned, operated and controlled by individuals who belong to racial or ethnic minority groups. WBE stands for Women Business Enterprise, which refers to a business that is owned, operated and controlled by women.

Q: What are the special conditions in the Small Business Initiative Construction Program?A: The special conditions in the Small Business Initiative Construction Program are specific requirements and provisions that aim to increase the participation of MBEs and WBEs in construction projects. These conditions may include goals for MBE/WBE participation, reporting requirements, and monitoring procedures.

Q: Why is the Small Business Initiative Construction Program important?A: The Small Business Initiative Construction Program is important because it promotes diversity and inclusion in construction projects. It provides opportunities for MBEs and WBEs to participate in city contracts, which helps stimulate economic growth and create jobs.

Q: How can MBEs and WBEs participate in the Small Business Initiative Construction Program?A: MBEs and WBEs can participate in the Small Business Initiative Construction Program by meeting the eligibility requirements and complying with the special conditions of the program. They can apply for certification as MBEs or WBEs with the appropriate city agency, and then seek opportunities to bid on construction projects.