Chicago City Council April 18th, 2018 REFERRED TO COMMITTEE ON
ORDINANCE
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1. Chapter 2-92 of the Municipal Code of Chicago is hereby amended by adding a new Section 2-92-955, as follows:
2-92-955 Veteran-owned small local businesses participation goal pilot program.
Award goal - Established. The Chief Procurement Officer is authorized to establish a contract-specific participation goal to veteran-owned small local businesses if all of the following conditions are met:
(1) the contract has an estimated value in excess of $10,000.00; and
there are at least three veteran-owned small local businesses certified by the City in each of one or more areas of specialty (as defined by the North American Industry Classification System) germane to the contract; and
the contract-specific participation goal is not more than one percent of the contract's value.
Award goal - Implementation. In order to achieve the goal stated in subsection (a), the Chief Procurement Officer is authorized to undertake the following measures:
(1) Insert within specifications for each contract described in subsection (a) of this section let through competitive bidding with an estimated value in excess of $10,000.00 a requirement that the contractor commit to the expenditure of at least the veteran-owned small local businesses percentage of the dollar value of the contract with one or more veteran-owned small local businesses. This commitment may be met by the contractor's status as a veteran-owned small local business, or by joint venture with one or more veteran-owned small local businesses as prime contractor (to the extent of the veteran-owned small local business's participation in such joint venture), or by subcontracting a portion of the work to one or more veteran-owned small local businesses, or by purchase of materials or services for the work from one or more veteran-owned small local businesses, or by the indirect parti...
Click here for full text