Target Market Program Symposium. March 3, 2011. Overview of Legislation. Don Kupferschmid Special Assistant to the Office of the Secretary. Overview of Legislation. Senate Bill 51 Public Act 96-0795 Effective July 1, 2010 Creates 20 ILCS 2705/2705‑600. Overview of Legislation.
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
March 3, 2011
Overview of Legislation
Special Assistant to the Office of the Secretary
“In order to achieve all diversity goals,
the Department’s Chief Procurement Officer shall develop and coordinate
a target market program . . .”
Chief Procurement Officer
Create a program to assist Minority-Owned and Women-Owned firms to achieve additional construction projects:
Target Market Program Amount
Target Market Program Amount (Cont)
Target Market Percentages
$103,536,000 * 30% = $31,060,080
Target Market Split
(Minority-Owned & Women-Owned)
(30 ILCS 575/4)
Sec. 4. Award of State contracts. (b) In the case of State construction contracts, the provisions of subsection (a) requiring a portion of State contracts to be awarded to businesses owned and controlled by persons with disabilities do not apply. Not less than 10% of the total dollar amount of State construction contracts is established as a goalto be awarded to minority and female owned businesses, and contracts representing 50% of the amount of all State construction contracts awarded to minority and female owned businesses shall be awarded to female owned businesses.
$31,060,080 * 50% = $15,530,400
Target Market Projects
Director, Division of Highways
Initial Target Market Letting