Local Preference and Small Business Participation in the Program
T
he importance of the wellbeing of residents and the local economy is evidenced in the inclusion of economic development and benefits as a goal of the surtax program. The County Commission meeting established a local preference program goal of 30% on all eligible surtax projects to increase participation of small businesses who are prime contractors and/or subcontractors in county projects22. It is anticipated that $56M or more will be available annually for Broward County certified small businesses with an estimated $1.6B in competitive procurement opportunities over 30 years. The County uses a raceand gender-neutral County Business Enterprise (CBE) program. CBE eligibility requirements are: • The firm must be independently owned • The firm must have a continuing operating presence in Broward County for at least one year prior to applying • The vendor must have a Broward Business Tax Receipt and be located in and doing business in Broward County • Each owner must not have a personal net worth exceeding $1,320,000 • The firm shall, when combined with any and all affiliates, have less than $5 million in average annual gross receipts calculated over the previous three (3) calendar years, except firms in construction, which must have less than $9 million in average annual gross receipts (calculated over the previous three years) or commodity suppliers which must have no more than 25 permanent full-time employees but are not subject to gross receipts limitations • Completion of a site visit by Office of Economic and Small Business Development staff to the applicant firm's business location.
Figure 18. 30% for 30 Years for Broward County Certified Businesses.
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September 25, 2018 County Commission Meeting, Agenda Item 69
Mobility Advancement Program (MAP) - Inaugural Report
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