Pennsylvania spending on SDB and VBE firms increases by 30%

Pennsylvania's contract spending with small, veteran, and disadvantaged businesses underwent a 30 percent increase from the previous year’s total.

Source : ContractorNews

January 30, 2022

Author : Patty Rodriguez

Pennsylvania Governor Tom Wolf has announced that his administration had $856 million in state contract spending for fiscal year 2020-2021 with small, diverse and veteran-owned businesses.

The state's Bureau of Diversity, Inclusion and Small Business Opportunities (BDISBO) detailed the record-setting contract spend – a 30 percent increase from the previous year’s total – in it's 2021 Annual Report.

Governor Wolf elaborated that he is "excited to share that for the first time in the history of the commonwealth, more than 20 percent of our total state contracting spend went to small, diverse and veteran businesses.” Adding, “This is a true milestone for our efforts to improve diversity, equity, inclusion and fairness in state contracting, and builds on our work throughout this administration to provide opportunities for small, diverse and veteran-owned businesses to succeed.”

Governor Wolf established the BDISBO in 2015, a reflection of the growing trend across the country by governor's to promote more diverse, inclusive and fair state contracting environment for small and disadvantaged businesses.

For more, see Pennsylvania's Bureau of Diversity, Inclusion, and Small Business Opportunity.

Category : Disabled Veteran Businesses Disadvantaged Business Enterprises Small Business Enterprises Veteran Business State Government Procurement

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