WHAT IS IT? The SBI Program is designed to provide opportunities for small businesses to participate on City-funded construction projects under $3 million in total cost. Small local business enterprises are the exclusive bidders for Construction projects identified as SBI projects.
The SBI Program has two tiers:
WHO IS ELIGIBLE TO BID ON AN SBI PROJECT? A business must be a small local business enterprise (SBE) to participate. In determining whether a firm is eligible, the CPO will consider, among other factors, if the business:
MID-SIZED BUSINESS INITIATIVE (MBI)
The Department of Procurement Services (DPS) has created numerous programs to increase the pool of bidders on City contracts and incentivize the use of small, local, minority and women-owned businesses. This includes the Small Business Initiative (SBI) and Mid-Sized Business Initiative (MBI) programs.
WHAT IS IT? The MBI Program is designed to provide opportunities for mid-sized businesses to exclusively participate on City-funded construction projects.
The MBI Program has two tiers:
WHO IS ELIGIBLE TO BID ON AN MBI PROJECT? A Bidder is eligible if it:
For complete information regarding Small Business (SBI) and Medium Business (MBI) Bid Incentive Programs, Click here to explore the City's Guide to Bid Incentives and Programs.
SMALL BUSINESS INITIATIVE (SBI)
©Copyright Austin Power Partners, 2016-2021