New bill would require California agencies to award 25% of state contracts to small businesses
State Assemblyman David Chiu is introducing a bill Thursday that would require agencies to award 25% of state contracts to small businesses, in hopes of amplifying equity efforts for the business sector left reeling by the pandemic.
Chiu, D-San Francisco, introduced AB 915, which asks that all of California’s state agencies, departments, and commissions set aside the contract quota for small businesses, and if agencies do not meet the threshold by 2027, they could be audited starting that year.
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