On construction projects funded in whole or in part by the City of Peoria, goals for encouraging the participation of Minority/Women Business Enterprises (M/WBEs) and minority/female workers have been established.
Contractors are to make a good-faith effort to meet the following goals:
Minority Business Enterprise is a business concern that is (1) at least 51 percent owned by one or more minority individuals, or in the caseof a publicly owned business, at least 51 percent of the stock is owned by one or more minority individuals; and (2) whose daily business operations are managed and directed by one or more of the minority owners.
Women Business Enterprise is a business concern that is (1) at least 51 percent owned by one or more women, or in the caseof a publicly owned business, at least 51 percent of the stock is owned by one or more women; and (2) whose daily business operations are managed and directed by one or more of the women owners.
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309-494-CARE (2273)