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What's New: Government Affairs

D.C. Bill Introduced to Address SFAA's Recommendations to Help Small Businesses

Tuesday, September 27, 2016  
  D.C. Bill Introduced to Address SFAA's Recommendations to Help Small Businesses 

The District of Columbia City Council has introduced LB 863, which would repeal a requirement for joint ventures that include a certified local, small, disadvantaged, or veteran-owned business enterprise that requires bonds for the project that the joint venture performs to be provided by the certified business enterprise (CBE) and that the certified business enterprise is solely and individually liable as the principal to the surety for at least 51% of each claim asserted under the bond. SFAA worked with the D.C. government to explain the problems with these provisions for CBEs to get the bill introduced. We have obtained the support of the D.C. Mayor to repeal these provisions.

Members should visit Government Relations / General Info (Members) for more information.



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