Record #: O2018-4032   
Type: Ordinance Status: Passed
Intro date: 5/25/2018 Current Controlling Legislative Body: Committee on Workforce Development and Audit
Final action: 6/27/2018
Title: Amendment of Municipal Code Chapter 2-92 by modifying Mid-sized Business Initiative Construction Program
Sponsors: Sawyer, Roderick T., Villegas, Gilbert, Moreno, Proco Joe
Topic: MUNICIPAL CODE AMENDMENTS - Title 2 - City Government & Administration - Ch. 92 Dept. of Purchases, Contracts & Supplies
Attachments: 1. O2018-4032.pdf
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 deleting the language stricken and inserting the language underscored, as follows:

2-92-810 Definitions.
For purposes ofthis Article VII, the following definitions shall apply:
"Chief procurement officer" means the city's chief procurement officer.
"Construction contract" means a contract, purchase order or agreement (other than a lease of real property) for the construction, repair or improvement of any building, bridge, roadway, sidewalk, alley, railroad or other structure or infrastructure, awarded by any officer or agency of the city other than the city council, and whose cost is to be paid from funds belonging to the city.
"Department of procurement services" or "DPS" means the city's department of procurement services.
"Local business enterprise" means a business entity located within the counties of Cook, DuPage, Kane, Lake, McHenry or Will in the State of Illinois (the "Six County Region"), which has the majority of its regular, full-time work force located within the Six County Region
"Mid-sized Business Initiative construction program" or "MBI construction program" means the program established pursuant to this Article VII.
"Mid-sized local business enterprise" or "MSB" means Mid-sized local business enterprise-one or Mid-sized local business enterprise-two.
"Mid-sized local business enterprise-one" or"MSB-1" means a local business enterprise: (i) that has gross receipts, averaged over its previous five fiscal years, or number of employees, per pay period averaged over the past 12 months, that do not exceed two times the size standards set forth in 13 C.F.R. Part 121: and (ii) which is at least 51 percent owned bv one or more persons whose personal net worth is not more than two times the personal net worth of an "economically disadvantaged" person, as that term is defined in Section 2-92-670.
"Mid-sized local...

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