PURCHASING POLICY
The goal of the Procurement Inclusion Program is to include certified Minority or Women owned businesses (M/WBE's) in every possible segment of the procurement process by affording M/WBE's an opportunity, on a competitive basis to be considered for and awarded City business.
A M/WBE is any legal entity organized to engage in commercial transactions which is at least 51 percent owned, controlled and operated by one or more minorities or women.
A small business that: is at least 51% unconditionally owned by one or more veterans (as defined at 38 U.S.C. 101(2)); or
A publicly owned business with at least 51% of the stock of which is unconditionally owned by one or more veterans; and whose management and daily business operations are controlled by one or more veterans.
Small Disadvantaged Business means a small business that: (i) has received certification as a small disadvantaged business consistent with 13 CFR part 124, Subpart B; (ii) no material change in disadvantaged ownership and control has occurred since its certification; (iii) where the is owned by one or more individuals, the net worth of each individual upon whom the certification is based does not exceed $750,000, after taking into account the applicable exclusions set forth at 13 CFR 124.104©(2); and (iv) is identified, on the date of its representation, as a certified small disadvantaged business in the database maintained by the Small Business Administration
Historically Underutilized Business means a business that is owned at least 51 percent owned, controlled and operated by one or more minorities or women; has its principal place of business in Texas, and has an owner residing in Texas with a proportionate interest that actively participates in the control, operations and management of the entity's affairs.
The process by which a business is initially determined to be a bona-fide minority or woman owned business.
A certified company is a minority or woman owned business that has met the requirements established by an authorized agency of the State of Texas or Federal Government.
Sourcing is the process of identifying qualified and certified M/WBE suppliers.
The Procurement Inclusion Program will increase the awareness and sensitivity of employees to M/WBE's and assures fair and non-discriminatory consideration when competing with other suppliers.
SECTION 4: Procurement Inclusion Program NUMBER: 06-02
APPROVED BY: POLICY DATE: REVISED DATE: