HB 4128

Abstract

Permits disadvantaged business enterprise, minority-owned business, woman-owned business, business that service-disabled veteran owns or emerging small business to retain certification despite exceeding applicable cap on gross receipts if enterprise or business subcontracts to another certified enterprise or business not less than 20 percent of subcontract in which enterprise or business participates as required participant, enters into mentor relationship with other enterprise or business and otherwise remains eligible for certification. Requires contracting agency to establish technical assistance fund and reimburse expenses that enterprise or business incurs in connection with mentor relationship. Takes effect on 91st day following adjournment sine die.