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Tag: women-owned businesses
Business
St. Louis construction firms help establish $10 million Contractors Loan Fund for minority- and women-owned businesses
Aiming to boost the number of construction companies owned by minorities and women in the St. Louis area, a group of firms and banks joined forces to establish the Contractors Loan Fund. According to a report from St. Louis Public Radio, the $10 million loan fund will be a big help to those companies who […]
June 4, 2015
Roadbuilding
Federal judge upholds Caltrans program supporting minority, women-owned businesses
A U.S. District Court judge affirmed that the California Department of Transportation’s (Caltrans) Disadvantaged Business Enterprises (DBE) Program was “clearly constitutional” in a recent ruling. Caltrans implements a DBE Program as a condition of receiving $3 billion in federal transportation funding annually. The program ensures a level playing field for disadvantaged and small businesses competing […]
April 7, 2011
Business
Federal judge upholds Caltrans program supporting minority, women-owned businesses
A U.S. District Court judge affirmed that the California Department of Transportation's (Caltrans) Disadvantaged Business Enterprises (DBE) Program was “clearly constitutional” in a recent ruling. Caltrans implements a DBE Program as a condition of receiving $3 billion in federal transportation funding annually. The program ensures a level playing field for disadvantaged and small businesses competing for public contracts. “This decision affirms that Caltrans' efforts to level the playing field are constitutionally sound and will ensure that billions of dollars in federal transportation funds continue flowing to California,” said Caltrans Director Cindy McKim in a written press statement. “We will continue to reach out to disadvantaged businesses and hope our program serves as a model for other states to follow.”
April 6, 2011
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