Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is there a bid price preference for minority or women-owned businesses?

April 26, 2017bid businesses minority price Women-owned

0

Posted

Is there a bid price preference for minority or women-owned businesses?

1 Answer

0

Posted

Yes. Certified MBE or WBE firms are given a 5 percent bid price preference for all contracts valued up to $250,000, or a 2.5 percent bid price preference for contracts more than $250,000 but under $500,000. To learn more about the program visit M/W/SBE Participation Program.