California Statutes

§ 16850. — 16850. (Amended by Stats. 1989, Ch. 1229, Sec. 2.)

California·Code GOV Government Code - GOV·Div. 4.·Title 2. DIVISION 4. FISCAL AFFAIRS·Part 3. PART 3. STATE BONDS·Ch. 6. CHAPTER 6. Minority and Women Business Participation Goals for Professional Bond Services
(a)Notwithstanding any other provision of law, each awarding department shall have annual statewide participation goals of not less than 15 percent for minority business enterprises and 5 percent for women business enterprises for contracts entered into by the awarding department during the year for each of the professional bond services. This section shall not apply if a contract for professional bond services of an underwriter is to be obtained by competitive bid. However, each awarding department shall establish goals for contracts to be obtained by competitive bid for professional bond services, as defined in Section 16851. These goals shall apply to the overall dollar amount expended by the awarding department with respect to the contracts for professional bond services relating to

Free access — add to your briefcase to read the full text and ask questions with AI

California § 16850. (16850. (Amended by Stats. 1989, Ch. 1229, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 1989, Ch. 1229, Sec. 2.
View on official source ↗