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What is the gender or race of a publicly held company according to the Indianapolis City-County Council?
Dominic, it’s not up to the city county council to determine that. It states in city and state documents what constitutes a women owned business, minority, veteran or disadvantaged. 51% or more of ownership has to be of that XBE designation, and actively managed by said status. This is all self reported on the certification forms, backed up by Secretary of State Filings, and verified by site visits by city or state staff.
Again, read, educate and be informed.
The council should interview the contractors doing work for the city and find out how difficult it is to find DBE’s to bid on these projects, let alone subcontract work to them. Those of us in construction see contractors bending over backwards to attract minority participation without success. It is not the responsibility of the contractors to encourage and assist in setting up minority businesses. And once you find a minority contractor to work with you, you have to assist them financially as they can’t afford to wait the 60 to 90 days it takes to get paid by the city or to sign a contract in which 10% retainage is withheld until after the project is completed. Every prime contractor in this city is begging for good subcontractors and suppliers and minority status never stands in the way of that selection process. I would challenge the city and council to find instances where there has happened. It would be nice for the IBJ to interview some prime contractors to see the struggles they go through to satisfy the minority participation requirements. And don’t start me on how much money the city could save if they did away with all of these minority contracting goals and let the best man win! All they do is drive up the cost of construction without little benefit.
Hi, Michael, if you’re a contractor and willing to talk with me or know someone who would, you can email me your phone number at squinn@ibj.com
Another example of political correctness and government overreach hurting legitimate business. On first glance, like most liberal ideas, it seems like a good thing and worthy of pursuit. But whenever the government tries to regulate things in the private sector, they usually make matters worse. That has been true over and over again: minimum wage laws, affirmative action, rent controls, forced student busing, the global warming scare, forgiveness of student loan debt, legalization of drugs, etc. The vast majority of problems in our nation’s cities right now are the result of liberal, democratic controlled cities and their onerous habit of overtaxing, and over-regulation of both individuals and businesses that eventually results in many people either becoming wards of the state or in fleeing to other areas with more freedom and less taxation. We are already experiencing this trend from the fall out of the protesting-riots-burning-lawlessness that has taken place under this type of leadership that has turned a blind eye to criminals, law and order, respect for authority, and the rule of law. Why would Indianapolis want to go down that road of failure and ruin?
I love how you all are acting as if this is some liberal thing that was whipped up out of nowhere. The State has had these requirements, and same penalties and ability to withhold payment for noncompliance and not hitting targets since the Daniels administration. If anything, the city is just catching up to what takes place all over the country…and within our own state.
Please spend our tax dollars on the best quality and value….. period.
Pothole and the Democrats focusing on what is important
Its a shame our streets are turning into a dump the highway’s all directions are full of trash and over growth the drain’s are clogged from no maintenance our city looks like Chicago. Now it’s acting like a suburb of Chicago .