McDuffie Introduces Bill to Create Small Business Bonding Program

McDuffie Introduces Bill to Create Small Business Bonding Program

Press Release
Councilmember Kenyan R. McDuffie Introduces Bill to Create Small Business Bonding Program to Help Business Enterprises Compete for Contracts Program would assist eligible small business owners who have historically been unable to qualify for bonding by providing training and technical assistance to increase their bonding capacity Washington, DC – Today, Councilmember Kenyan R. McDuffie, Chair of the Committee on Business and Economic Development introduced the Small Business Bonding Program Establishment Amendment Act of 2018. District of Columbia law requires contractors to obtain a performance and payment bond for certain contracts. Contractors work with sureties to ensure they are qualified to enter into the contract, often having their credit, capacity, financial standing, and character reviewed through a rigorous underwriting process. This legislation establishes a program within the Department of Small and…
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Statement on D.C. BizCAP Loan Participation Program

Statement on D.C. BizCAP Loan Participation Program

Statement
    Councilmember Kenyan R. McDuffie, Chair of the D.C. Council Committee on Business and Economic Development, has released the following statement on the D.C. BizCAP Loan Participation Program:   "I recognize that our small and local businesses are the foundation of our growing city and play a crucial part in providing jobs for our residents. We cannot afford to have our government fail our citizens and local businesses. Connecting small and local businesses, particularly our Certified Business Enterprises (CBEs), to access to capital is one of my top priorities. While today’s article in the Washington Business Journal is deeply troubling, I remain committed to working with the Department of Insurance, Securities and Banking (DISB) to increase access to capital for our businesses. As Chair of the Committee on Business…
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D.C. Council Passes Councilmember Kenyan R. McDuffie’s Legislation to Make it Easier for Vendors to Work with District Government

D.C. Council Passes Councilmember Kenyan R. McDuffie’s Legislation to Make it Easier for Vendors to Work with District Government

Press Release
  D.C. Council Passes Councilmember Kenyan R. McDuffie’s Legislation to Make it Easier for Vendors to Work with District Government   The Legislation Will Create a Single Web Page to Link All D.C. Government Contracting Opportunities; Bring Vendor Invoicing and Payments Online; and Ease Dispute Resolution between Prime and Subcontractors   For Immediate Release: Tuesday, April 10, 2018 Contact: Nolan Treadway, (202) 445-0361, ntreadway@dccouncil.us Washington, DC – Today, the District of Columbia Council passed legislation introduced by Councilmember Kenyan R. McDuffie, Chair of the Committee on Business and Economic Development. The legislation, the Accessible and Transparent Procurement Amendment Act of 2018 [B22-395], incorporates parts of two other bills also introduced by Councilmember McDuffie in 2017, the Quick Payment Amendment Act of 2017 and the Government Contractor-Subcontractor Dispute Resolution Amendment Act…
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Committee on Business and Economic Development Performance and FY19 Budget Oversight Hearings

Committee on Business and Economic Development Performance and FY19 Budget Oversight Hearings

Hearing
The Committee on Business and Economic Development will hold the following performance oversight and budget oversight hearings.   Date, Time, Room # Agencies on the Agenda Meeting Type Date: Feb 13 Room: 500 Time: 1:00 PM Department of Small and Local Business Development Department of Insurance, Securities, and Banking Department of For-Hire Vehicles For-Hire Vehicle Advisory Council Performance Oversight Hearing Date: Feb 27 Room: 120 Time: 11:00 AM Public Service Commission Office of the People’s Counsel Office of Cable Television, Film, Music and Entertainment Alcoholic Beverage Regulation Administration Performance Oversight Hearing Date: March 5 Room: 123 Time: 10:00 AM Office of the Deputy Mayor for Planning and Economic Development Performance Oversight Hearing Date: April 11 Room: 412 Time: 10:00 AM Department of Small and Local Business Development Department of Insurance,…
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McDuffie Introduces Bills to Speed Up Payments to D.C. Contractors and Create an Efficient and Equitable Process for Dispute Resolution Between Prime and Subcontractors

McDuffie Introduces Bills to Speed Up Payments to D.C. Contractors and Create an Efficient and Equitable Process for Dispute Resolution Between Prime and Subcontractors

Press Release
Councilmember Kenyan R. McDuffie Introduces Bills to Speed Up Payments to D.C. Contractors and Create an Efficient and Equitable Process for Dispute Resolution Between Prime and Subcontractors   These introductions continue Councilmember McDuffie’s legislative work to make D.C.’s contracting opportunities accessible to more small and local businesses   Quick Payments Amendment Act Requires D.C. to Pay Invoices in 15 days   Government Contractor-Subcontractor Dispute Resolution Act Establishes Dispute Resolution Process for Conflicts that Arise between Prime Contractors and Subcontractors Working on Government Projects   Download this Press Release as a printable PDF Washington, DC – Today, Councilmember Kenyan R. McDuffie, Chair of the Committee on Business and Economic Development introduced two bills to support local and small businesses in the District of Columbia through quicker payments to contractors and the…
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PRESS RELEASE: McDuffie Introduces Bill to Create a Single Website for all D.C. Government Contracting Opportunities

PRESS RELEASE: McDuffie Introduces Bill to Create a Single Website for all D.C. Government Contracting Opportunities

Media Advisory
Bill would streamline the procurement process, increase transparency, and increase competitiveness in contracting by increasing the number of bids received For Immediate Release: Tuesday, July 11, 2017 Contact: Nolan Treadway, 202-445-0361, ntreadway@dccouncil.us Washington, DC – Today, Councilmember Kenyan R. McDuffie, Chair of the Committee on Business and Economic Development introduced the “Accessible and Transparent Procurement Amendment Act of 2017” [B22-0395] along with the following co-introducers: Councilmembers Charles Allen, Anita Bonds, Mary Cheh, David Grosso, Brianne Nadeau, Elissa Silverman, Robert White, and Trayon White. This measure would require the District government to place all District government solicitations over $25,000 on a single website that provides machine-readable and searchable information. Additionally, the bill also requires the Executive to post a list of all contracts in the preceding year that had a closing…
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PRESS RELEASE: McDuffie Introduces Bill to Increase Diversity among Asset Managers of D.C. Public Pensions Fund

Media Advisory
Despite equal performance of the assets under management, a recent study finds just 1.1% of the $71.4 trillion assets under management across the world is in the hands of women and minority-owned firms. For Immediate Release: Tuesday, June 6, 2017 Contact: Nolan Treadway, 202-445-0361, ntreadway@dccouncil.us Washington, DC – On May 16, Councilmember Kenyan R. McDuffie, Chair of the District of Columbia Council on Business and Economic Development introduced the Diversity in Fund Management Amendment Act of 2017 [B22- 0286]. The aim of this legislation is to increase the gender, racial, and ethnic diversity of the fund managers by requiring the District of Columbia Retirement Board to report annually on the affirmative steps it has taken to hire diverse fund managers. A recent study by the John S. and James L.…
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PRESS RELEASE: McDuffie Secures Important Funding for Ward 5 Priorities in FY 2018 Budget

Media Advisory
  Council budget includes funding for:   Recreation, education, and library facilities in Ward 5   Support for tenants & affordable housing and more inspectors at DCRA   A public health approach to public safety in the NEAR Act   And investments to improve the environment for CBEs & Small Businesses Washington, D.C. – Yesterday, the Council of the District of Columbia took its first vote on the Fiscal Year 2018 Budget. Councilmember McDuffie's Ward 5 and District-wide budget priorities received overwhelming support. “I want to thank my colleagues on the Council for supporting my priorities as the Councilmember for Ward 5 and Chair of the Committee on Business and Economic Development,” said McDuffie. “This budget demonstrates the Council’s commitment to support Education, public safety, Affordable Housing, CBE capacity building,…
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PRESS RELEASE: McDuffie Introduces Bills to Help Seniors Age in Their Homes and Support Small Businesses by Supporting D.C.’s Main Street Organizations

Media Advisory
M.O.W.S. Act establishes a fund to assist seniors with yard work D.C. Main Streets Public Space Permit Fee Waiver Amendment Act gives Main Street Organizations access to the same fee waivers as BIDs For Immediate Release: Tuesday, April 11, 2017 Washington, DC – Last week, Councilmember McDuffie, Chair of the Committee on Business and Economic Development, introduced two pieces of legislation to support seniors aging in place and offer Main Street Organizations the same waivers for some permit fees that are currently offered to BIDs (Business Improvement Districts). Managing Outdoor Work for Seniors [M.O.W.S.] Amendment Act of 2017 This legislation would create a D.C. Government program to provide outdoor yard work services for seniors. The Office of Aging will be tasked with setting up the program, which consists of connecting…
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PRESS RELEASE: McDuffie Introduces Bill to Increase Availability of Affordable 3-Bedroom and Larger Units

Media Advisory
For Immediate Release: Tuesday, March 7, 2017 Washington, DC – Today, Councilmember Kenyan R. McDuffie, Chair of the Committee on Business and Economic Development, introduced legislation to require the Deputy Mayor for Planning and Economic Development to produce a biennial report studying the District’s need for 3, 4, and 5-bedroom apartment units in the District of Columbia – and to increase the amount of family-size units built with funds from the Housing Production Trust Fund. Family Unit Amendment Act of 2017 This legislation would amend the Housing Production Trust Fund Act of 1988 to require a percentage of funds disbursed from the Housing Production Trust Fund to be used to assist in creating rental units with a minimum of 3 bedrooms. The bill requires that 10% of the units created…
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