What is the thought process behind this law if smaller businesses no longer have an advantage?

No, all projects in Prince Georges County will have to abide by the new law, including development procurements.

OIT will be analyzing the GEAC System.

51% or greater of the company’s assets or revenue have to be generated within Prince Georges County.

The marketing will be increased and spread via posters and announcements throughout the library system, schools and town halls meetings.

The Purchasing Agent (or designee) will determine whether or not the business has met its “best efforts” pending a review of a written submission from the business. The written submission should explain how the business tried to meet the requirements of the new law and reasons why the requirements were not met.

The new law that has been created for the purpose of enhancing the County’s economic development. CB-17-2011 “Jobs First Act” creates bidding preferences and participation requirements for County-based businesses and County-based small businesses on certain procurement contracts for goods and services with the County.

All certifications must be renewed annually; SD3 will conduct site visits and interviews; reviewing financial documents will be a routine process; other procedures are to be determined.

CB-17-2011 “Jobs First Act” is effective as of July 1, 2013.

The CB-17-2011 “Jobs First Act” is going to benefit both businesses and residents in Prince George’s County. County-based, County-based small, local MBE’s and out-of-county MBE’s will benefit mainly from increased bonus factors. Residents will benefit mainly from the increase in jobs via the First Source Registry to be maintained by the Prince George’s County Economic Development Corporation’s Workforce Services Division.