Briefs

Legislation Helps Minority and Women Owned Businesses Compete for Infrastructure Funding

WASHINGTON, D.C. — U.S. Sen. Alex Padilla and U.S. Reps. Pete Aguilar and Jimmy Gomez (all D-Calif.) March 3, announced a package of legislation to help minority- and women-owned businesses compete for contracts to develop and build federal infrastructure projects as billions of dollars in funding is distributed through the Bipartisan Infrastructure Law.
In the House, the Disadvantaged Business Enterprise Supportive Services Expansion Act is led by Rep. Aguilar and the Accelerating Small Business Growth Act is led by Rep. Gomez. Sen. Bob Menendez (D-N.J.) is also co-sponsoring both bills. Together, these bills would help agencies accomplish President Joe Biden’s new goal of increasing the share of federal contracts going to small, disadvantaged businesses by 50% by 2025, which would translate to an additional $100 billion for these businesses.

Details: Disadvantaged Business Enterprise Supportive Services Expansion Act can be found at https://tinyurl.com/disadvantaged-act

Accelerating Small Business Growth Act can be found at https://tinyurl.com/accelerating-act

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