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Agency Compliance Monitoring
Agency Compliance Monitoring
Each agency, including an agency that contracts or procures through the Office of Contracting and Procurement (OCP), must exercise its contracting and procurement authority so as to meet, on an annual basis, the goal of procuring and contracting 50 percent of the dollar volume of its goods and services, including construction goods and services, to Small Business Enterprises.
Private Sector Compliance Monitoring
In most private or public/private development projects that have taken place on District property or that were funded in whole or in part with economic assistance from the District (including, for example, grants, Tax Increment Financing (TIF), Payment In Lieu Of Taxes (PILOT), Planned Unit Development (PUD), or other zoning adjustments, tax abatements, and Industrial Revenue Bonds (IRBs)), the District requires that as a condition of the economic assistance, the private developer enters into a Certified Business Enterprise Utilization and Participation Agreement (“CBE Agreement”) with the Department of Small and Local Business Development (“DSLBD”). CBE Agreements require developers to contract with CBEs for at least 35 percent of the dollar volume of the project, and if applicable, to ensure companies certified as local, small, and disadvantaged receive 20 percent equity participation and 20 percent development participation on the project.
Through CBE Agreements, DSLBD monitors contracting and procurement activities by private sector entities to ensure compliance with legal requirements regarding equity and development participation.
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