Share to Facebook Share to Twitter Bookmark and Share
Record #: O2016-4887   
Type: Ordinance Status: Failed to Pass
Intro date: 6/22/2016 Current Controlling Legislative Body: Committee on Budget and Government Operations
Final action:
Title: Amendment of Municipal Code Chapter 2-92 by adding new Section 2-92-588 regarding veteran-owned business enterprises set-aside program for contracts where costs are paid from Tax Increment Financing (TIF) funds
Sponsors: Burke, Edward M., O'Shea, Matthew J.
Topic: MUNICIPAL CODE AMENDMENTS - Title 2 - City Government & Administration - Ch. 92 Dept. of Purchases, Contracts & Supplies
Attachments: 1. O2016-4887.pdf
Related files: R2019-362
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 2-92-588, as follows:
2-92-588 Veteran-owned business enterprises set-aside program for contracts whose costs are paid from T.I.F. funds.
(a) Definitions. For purposes of this section, the following definitions shall apply:
"Contract" means any contract, purchase order, construction project, redevelopment agreement or other agreement (other than a delegate agency contract, lease of real property, collective bargaining agreement or intergovernmental agreement) awarded by the city and whose cost is to be paid from T.I.F. funds.
"Service-disabled veteran-owned small business" or "SDVOSB" means a small business enterprise certified by the Illinois Department of Veterans' Affairs and the Illinois Department of Central Management Services as a qualified service-disabled veteran-owned small business pursuant to 30 ILCS 500/45-57.
"T.I.F. funds" has the meaning ascribed to the term in Section 2-45-115.
"Veteran-owned small business" or "VOSB" means a small business enterprise certified by the Illinois Department of Veterans' Affairs and the Illinois Department of Central Management Services as a qualified veteran-owned small business pursuant to 30 ILCS 500/45-57.
"Veteran-owned business enterprise" or "V.B.E." means any business enterprise which is a SDVOSB or a VOSB.
Award goal - Established. The chief procurement officer shall establish a goal of awarding not less than three percent of the annual dollar value of all contracts to V.B.E.s.
Award goal - Implementation. In order to achieve the goal stated in subsection (b), the chief procurement officer shall undertake the following measures:
(1) Insert within specifications for each contract 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 V.B.E. perc...

Click here for full text