Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Authority reports 181 active contracts worth $12.6 billion; small-business participation edges up
Summary
The finance update showed 181 active contracts valued at $12.6 billion and modest gains in small-business utilization metrics, including a rise from 23.2% to 24.8% for small-business utilization and increases in DBE and DVBE participants.
The committee reviewed contract and procurement metrics in the CFO’s presentation on Oct. 9. Staff reported 181 active contracts with an aggregate contract value of about $12.6 billion and introduced a new metric showing remaining contract commitments (just over $3.0 billion).
Matalka said the authority’s top five remaining contracts include the CP1 and CP2 design-builders, the LA Metro support contract for LAUS…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
