News Release for Immediate Release   September 27, 2005 Effective October 1, 2005, the Office of Local Business Development Became the Department of Small and Local Business Development (Washington, DC) Effective October 1, 2005, the Office of Local Business Development became the Department of Small and Local Business Development. The link to the new legislation appears below. Here are some details of the changes: New Offices:   Office of Certification, Compliance and Enforcement Office of Contracting Opportunities Office of Training and Education District Agency Goals: Each agency, including the agency that contracts or procures in whole or in part through the Office of Contracting and Procurement, shall exercise its contracting and procurement authority so as to meet, on an annual basis, the goal of procuring and contracting 50% of the dollar volume of its goods and services, including construction goods and services, to small business enterprises. Expendable Budget: Expendable budget means the total budget of an agency, reduced by such funding sources, object classes, objects, and other items as shall be identified by the Mayor through rulemaking. Government Corporations: Government Corporations: A government corporation shall assure that all contracts entered into by the government corporation, or any agency or subsidiary of the government corporation, with respect to each phase of the development and construction of a project undertaken by the government corporation, including contracts for architectural, engineering, and construction services, shall provide that at least 35% of the work in the aggregate be awarded to small businesses. In the event that there are insufficient qualified small business enterprises to fulfill this requirement, 35% of the dollar value, excluding the costs of goods, materials and supplies, shall be subcontracted out to local, small, or disadvantaged businesses. At least 10 percent of the work has to be awarded to those business enterprises that are located in the ward in which the work is being performed. Page 1 of 3      1  2  3