Posted by Andrew Hwang, TCC President and Chief Executive Officer
TCC is proud to announce we were recently awarded recertification in the State of Maryland by the Office of Minority Business Enterprise as a Minority-Owned business enterprise.
In 1978, Maryland’s General Assembly enacted legislation creating the Minority Business Enterprise (MBE) Program to ensure that socially- and economically-disadvantaged small business owners are included in the State’s procurement and contracting opportunities. Current MBE regulations direct 70 participating State agencies to make every effort to award an overall minimum goal of 29% of the total dollar value of their procurement contracts directly (prime contractors) or indirectly (subcontractors) to certified MBE firms during fiscal years 2014 and 2015.
Administration of the MBE Program lies with the Governor’s Office of Minority Affairs which serves in an advisory capacity to the Governor on key MBE issues and works directly with State agencies regarding compliance and reporting. The Governor’s Office of Small, Minority & Women Business Affairs is also the primary advocate for certified MBEs and the small, minority- and women-owned business community at large.
Maryland’s MBE Program is well-recognized as a national model for minority inclusion in State procurement and contracting.
To learn more about MBE/WBE Certification, please visit the State of Maryland’s website: http://www.gomdsmallbiz.maryland.gov/Pages/mbe-Program.aspx.
To learn more about TCC please visit our website: http://e-tcc.com/who-we-are.