(a) The Mayor shall establish policies and procedures to maximize the participation of certified business enterprises in the contracting and procurement processes, including:
(1) A procedure whereby an agency may waive bid security requirements on contracts in excess of $100,000, where the waiver is appropriate to achieve the purposes of this subchapter; and
(2) A policy whereby an agency shall make advance payments to a certified contractor, where the payments are necessary to achieve the purposes of this subchapter.
(b) The Mayor may establish a pilot set-aside program for small business enterprises with gross revenues of $5 million or less.
CREDIT(S)
(Oct. 20, 2005, D.C. Law 16-33, § 2349, 52 DCR 7503; July 18, 2008, D.C. Law 17-207, § 2(k), 55 DCR 6107.)
HISTORICAL AND STATUTORY NOTES
Effect of Amendments
D.C. Law 17-207, in subsec. (a), substituted “certified” for “small, local, and disadvantaged”.
Emergency Act Amendments
For temporary (90 day) addition, see § 2349 of Fiscal Year 2006 Budget Support Emergency Act of 2005 (D.C. Act 16-168, July 26, 2005, 52 DCR 7667).
Legislative History of Laws
For Law 16-33, see notes following § 2-218.01.
For Law 17-207, see notes following § 2-218.02.