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Chicago revises disadvantaged contracting rules to keep out bogus companies
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Chicago revises disadvantaged contracting rules to keep out bogus companies
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Newsletter
Chicago revises disadvantaged contracting rules to keep out bogus companies
2004
Overview
[Eric Griggs] said the city recently reviewed \"hundreds\" of the 2,200 firms certified by the city as minority- or woman-owned. Five of those firms were kicked out of the program, he added. Under the new rules, firms will have to submit tax returns, documentation of professional licenses and other information annually and go through the complete certification process every three years. Previously, firms went through the certification process every five years. \"Under the old system a company could be created on Monday and apply for certification on Friday,\" Griggs said.
Publisher
Tribune Content Agency LLC
Subject
