Title
Receive report from EAA staff on the Minority/Women Business Enterprise activity for 2015.
Body
STAFF RECOMMENDED MOTION:
None. This item is for informational purposes only.
SUMMARY:
The purpose of this agenda item is for the Finance/Administrative Committee to receive a report from EAA staff on the EAA Minority/Woman Business Enterprise (M/WBE) activity for 2015.
The EAA Act calls for the EAA to make a good faith effort to award contracts to M/WBEs in the amount of 20% of the total amount of those contracts. The EAA Bylaws impose a more stringent requirement that calls for a good faith effort to award 30% of contracts to M/WBE firms. For 2015, the EAA awarded 17% of the total value of all contracts to M/WBE firms.
Staff will present this report to the Finance/Administrative Committee at the meeting on January 26, 2016.
STRATEGIC PLAN REFERENCE:
This agenda item does not relate to a specific goal within the Strategic Plan, but supports the general EAA mission.
FISCAL IMPACT:
None.