The Opportunities Program of the State University Construction Fund assures that MWBE firms are provided the opportunity to share in procurement opportunities offered by the Fund.
All firms contracting with the Fund are required to make and demonstrate good faith efforts to include meaningful participation in Fund contracts by MWBE firms.
The Fund encourages the cooperation of prime contractors and major subcontractors in the development of a meaningful utilization plan. The joint effort of both the prime contractors and subcontractors not only makes the utilization plan development a more efficient process, but also provides for a wider and more diverse span of trades, services and supplies that may be available for potential opportunities.
Through the combined and cooperative efforts of Fund staff and business partners, over $50 million has been paid to MWBE contractors and consultants for work performed during fiscal year 2010 - 2011. Outreach programs have also been conducted to present project opportunities to MWBE firms and provide a setting for firms to discuss opportunities with larger, more established companies, in order to nurture lasting and productive business relationships.
The Fund works closely and cooperatively with the New York State Empire State Development Corporation (ESDC) in advancing opportunities for minority and women owned businesses. ESDC maintains a comprehensive Directory of Certified Minority and Women-Owned Businesses. The directory is web-based and is an available resource for any interested party on ESDC's MWBE website.
The Fund's longstanding commitment to MWBE opportunities has cultivated countless win/win affiliations for the Fund and its business partners of all sizes. The Fund is resolved to continuing efforts as it moves forth with the implementation of the SUNY Capital Program.