Texas Transportation Code 451.251 – Contract Goals for Disadvantaged Businesses
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Transportation Code 451.251
- Contract: A legal written agreement that becomes binding when signed.
An authority that does not have an up-to-date disadvantaged business enterprise program, as defined by 49 C.F.R. part 23, to assist minorities and women in participating in authority contracts should establish goals for that participation. The recommended contract goals are:
(1) 17 percent for construction, 11 percent for purchasing, and 24 percent for professional services; or
(2) the weighted average equivalent of the categories in Subdivision (1).