The Chicago Transit Authority is launching a new effort to give companies owned by women or minorities a better chance of doing business with the agency.
Contractors and vendors are sometimes shut out from competing for millions of dollars in CTA contracts -- not always because they cannot do the work, but rather they lack the proper bonding or insurance, among other reasons, officials said.
The CTA will hold monthly workshops, beginning Sept. 30 and running through May, to help vendors understand the procurement process and become certified to do business with the agency.
Also, participants at the sessions will learn what projects are out for bid and get a forecast of future projects that will be put up for bid.
Minority- or female-owned small businesses will be able to apply for Disadvantaged Business Enterprise status to improve their chances of being selected, officials said.
Dispatches from Chicago's south side.
Tuesday, September 22, 2009
CTA sets vendor workshops for minority- and female-owned businesses
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