§ 1899.522. Goals for Competitive Contracts.

The Treasurer's annual goals for TBE participation in competitive contracts for professional bond services shall be 15 percent for minority business enterprises, 5 percent for women business enterprises, and 3 percent for disabled veteran business enterprises. These goals need not be met in every competitive bond transaction but will be pursued on an aggregate annual basis considering all competitive bond transactions during a year. These goals will also be described in each notice of sale for bonds to be sold by competitive bid.

HISTORY

1. New section filed 4-10-89 as an emergency; operative 4-10-89 (Register 89, No. 15). A Certificate of Compliance must be transmitted to OAL within 120 days or emergency language will be repealed on 8-8-89.

2. Certificate of Compliance transmitted to OAL 8-8-89 and filed 9-7-89 (Register 89, No. 40).

3. Amendment filed 6-19-91; operative 6-19-91 (Register 91, No. 42).

Note

Note: Authority cited: Section 16853, Government Code; Section 999.5, Military and Veterans Code. Reference: Section 16850, Government Code; Sections 999- 999.5, Military and Veterans Code.