Affidavit of Subcontractor in Support of Contractor's Application for Diversity Credit - City of Chicago, Illinois

Affidavit of Subcontractor in Support of Contractor's Application for Diversity Credit 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 an Affidavit of Subcontractor?A: An Affidavit of Subcontractor is a legal document that a subcontractor submits to support a contractor's application for diversity credit.

Q: What is Diversity Credit?A: Diversity Credit is a program in the City of Chicago, Illinois that provides incentives to contractors who demonstrate the use of diverse subcontractors in their projects.

Q: What is the purpose of an Affidavit of Subcontractor?A: The purpose of an Affidavit of Subcontractor is to verify the participation of diverse subcontractors in a contractor's project and support their application for diversity credit.

Q: Who can submit an Affidavit of Subcontractor?A: Subcontractors who meet the diversity requirements can submit an Affidavit of Subcontractor.

Q: What information is included in an Affidavit of Subcontractor?A: An Affidavit of Subcontractor includes details about the subcontractor's business, the work performed, and the diversity status of the subcontractor.

Q: Why is diversity important in contracting?A: Diversity in contracting promotes equal opportunities for businesses owned by individuals from diverse backgrounds, such as minorities, women, and veterans.

Q: How does a contractor benefit from diversity credit?A: Contractors who demonstrate the use of diverse subcontractors may be eligible for incentives, such as bid preferences or additional points in the evaluation process.