Orange County NC Website
pro~•~iding <br />6. Provided assistance in getting required bonding or insurance or <br />alternatives to bonding or insurance for subcontractors. <br />did not <br />need of <br />secure <br />sarne <br />rinority <br />possible. <br />contractors <br />7. Negotiated in good faith with interested minority businesses and <br />reject them as unqualified without sound reasons based on their <br />capabilities. Any rejection of a minority business based on lack of <br />qualifications should have the reasons documented in writing. <br />R. Provided assistance to an otherwise qualified minority business in <br />equipment, loan capital, lines of credit, or joint pay agreements to <br />loans, supplies, or letters of credit, including waiving credit that is <br />ordinarily required. Assisted minority businesses in obtaining the <br />unit pricing with the bidder's supplier in order to help the minority <br />businesses in establishing credit. <br />9. Negotiated joint j=enture and partnership arY-angements with <br />businesses in order to increase opportunities for minority business <br />participation on a public construction or repair project when <br />lo. Provide quick pay agreements and policies to enable minority <br />and suppliers to meet cash flow demands. <br />