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M/WBE Certification and Compliance Annual Report | Fiscal Year Ending: June 30, 2026

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M/WBE Certification and Compliance Annual Report For Fiscal Year Ending: June 30, 2026 St. Louis Development Corporation has prepared this report in order to verify certain economic inclusion metrics pursuant to City of St. Louis Ordinance 70767, Ordinance 71962, and Executive Order 91. This report provides visibility into how city dollars are spent (through public works projects and city development projects that receive financial incentives), and establishes an accountability standard for ensuring fair access to the contracting and development ecosystem within the city. Compliance metrics are reported only on closed projects as of the fiscal year above.

The following provides a snapshot of the M/WBE certification portfolio as of the end of the most recent fiscal year.

CERTIFICATIONS

1,225

certified businesses in Missouri & Illinois

404

applications processed

ADMINISTRATION

112.8 0 71.3 6

average days to process an application applications in the backlog days to approve renewals

7

voluntary decertifications

denials

1

ENGAGEMENT

3

SLDC-driven business development campaigns

2

Annual compliance team trainings delivered

63

hours of learning opportunities for firms


M/WBE Certification and Compliance Annual Report For Fiscal Year Ending: June 30, 2026

A.

ACTIVE CERTIFIED FIRMS AS OF JUNE 30, 2026 County

Total

MBE

Missouri

1,154

St. Louis City

284

184

St. Louis County

738

Jefferson

Total

MBE

WBE

71

100

Bond

1

0

1

462

276

Calhoun

0

0

0

15

3

13

Clinton

2

0

2

Lincoln

1

0

1

Jersey

2

2

0

St. Charles

98

59

39

Macoupin

2

1

1

Warren

5

4

1

Madison

15

5

10

Washington

0

0

0

Monroe

1

0

1

Franklin

13

3

10

St. Clair

48

27

21

MBE: 750

WBE: 475

FILE PROCESSING TIMES Measurement

C.

County Illinois

Total: 1,225

B.

WBE

Count

Average Time

Target

Standard Applications

404

113 Days

90 Days

Expedited Track ($1M Asset Cap)

0

NA

30 Days

DECERTIFICATION STATUS Grounds for Decertification

Count

Failure to Submit Annual Affidavit

0

Loss of Local Status

0

Concealment of Control

0

3 CUF Violations in 12 Months

0

Result of Complaint Investigation

0

Continuous Non-Responsiveness

0

Voluntary Withdrawal

6

2


M/WBE Certification and Compliance Annual Report For Fiscal Year Ending: June 30, 2026

D.

ADMINISTRATIVE REVIEW PROCESS Type

E.

Count

Upheld

Reversed

Remanded

Explanation

Denial

7

NA

NA

NA

Two of the seven denials are in the appeals process

Decertification

0

0

0

0

NA

COMPLIANCE TEAM TRAINING Group

F.

Status

Completion Date

Topic

PRC Member

Complete

8/31/2026

Program Rules

ARO

Complete

9/30/2026

Program Rules

Compliance Officer

Ongoing

Ongoing

Software Usage

Certification Analysis

Ongoing

Ongoing

Software Usage

TRAINING SCHEDULE FOR M/WBE FIRMS Program Type

Attendees

Basic Management Skills

15-20

Marketing & Financial Plans

15-20

Doing Business with the City

8-10

Getting Certified: Step-by-Step Guide to Small Business Certification

8-10

MBE/WBE Certification 101: What You Need & How to Apply

8-10

Maintaining Your Certification: Annual Requirements (NCAs) & Common Pitfalls

8-10

Certification Denied? Understanding Appeals & Reapplication

8-10

Proving Ownership & Control: What Certifiers Really Look For

8-10

Common Application Mistakes That Delay Your Certification

8-10

Certification Office Hours

2-4

3


M/WBE Certification and Compliance Annual Report For Fiscal Year Ending: June 30, 2026

St. Louis Development Corporation has prepared this report in order to verify certain economic inclusion metrics pursuant to City of St. Louis Ordinance 70767, Ordinance 71962, and Executive Order 91. This report provides visibility into how city dollars are spent (through public works projects and city development projects that receive financial incentives), and establishes an accountability standard for ensuring fair access to the contracting and development ecosystem within the city. Compliance metrics are reported only on closed projects as of the fiscal year above. The following provides a snapshot of M/WBE contracting and compliance as of the end of the most recent fiscal year.

COMPLIANCE

4

projects closed

25.7

actual % of apprentice labor hours

A.

$113M

67

$3.3M

8 18.5

dollars of project costs delivered at close

wage restitution calculated

projects in active monitoring prevailing wage audits conducted actual % of AABE enterprise participation

MONITORED PROJECTS Category

Count

Project Cost

Projects closed in FY 2026

4

$112,623,258

Abatement

4

TIF

0

353

0

Public Works

0

Other

0

Projects in active monitoring

67

4

$2,753,744,245


M/WBE Certification and Compliance Annual Report For Fiscal Year Ending: June 30, 2026

B.

PERFORMANCE AGAINST ENTERPRISE PARTICIPATION GOALS (measured in dollars) Category

Goal Value

Goal %

Actual Value

Actual %

24,638,993.40

21.00%

21,644,761.05

18.45%

Asian-Amer BE

586,642.71

0.50%

1,013,280.77

0.86%

Hispanic-Amer BE

2,346,570.80

2.00%

1,985,469.98

1.69%

Native-Amer BE

586,642.71

0.50%

574,140.07

0.49%

12,906,139.40

11.00%

10,764,289.19

9.17%

African American BE

Women BE

C.

COMMERCIALLY USEFUL FUNCTION AUDITS No formal CUF audits were performed in FY2026.

D.

LIQUIDATED DAMAGES Collection of liquidated damages would be pursued through the municipal court system, not the compliance department. No court proceedings are currently underway on this topic.

E.

PERFORMANCE AGAINST WORKFORCE GOALS (measured in dollars) Category

F.

Goal Value

Goal %

Actual Value

Actual %

Apprentice

11,549.38

20.00%

14,857.25

25.73%

City Resident

13,281.79

23.00%

1,885.00

3.26%

Female

4,042.28

7.00%

1,483.00

2.57%

Minority

14,436.73

25.00%

11,770.25

20.38%

PREVAILING WAGE Audits Initiated

Wage Restitution Calculated ($)

Total Funds Recovered/Escrowed

8

$3,308,091.06

$91.06 / $8,000

5


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