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Companies got millions — but state got no jobs

October 23, 2011 /

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The MDT Disadvantaged Business Enterprise (DBE) Program encourages and supports the participation of companies owned and controlled by socially and economically disadvantaged individuals in transportation contracts.

On Friday, the agency released a list of more than 1,500 deals inked with companies since 1995 — an additional 101 awards were not released, with no explanation — and the list showed many that haven’t made good on their original job-creation aims.

The deals were cumulatively projected to generate 224,286 new jobs over the past 16 years, but agency officials can confirm that only about one-third of them — 73,669 jobs — were actually created. Some of the contracts are still considered pending and jobs could still be created, officials said, but most are classified as "terminated’ or "inactive."

By Aaron Deslatte

Full Story: http://www.orlandosentinel.com/news/politics/os-failed-job-creation-promises-20111021,0,369214.story

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