McAuliffe Orders Spending on Small Businesses
RICHMOND, Va. — Virginia Gov. Terry McAuliffe is ordering state agencies to contract more often with small businesses and businesses owned by women and minorities.
McAuliffe signed an executive order Tuesday at a minority-owned staffing company in Richmond.
The order requires state agencies to spend 42 percent of their discretionary spending on certified small, women-owned and minority businesses. McAuliffe is also directing agencies to contract exclusively with small businesses that have no more than 25 employees and make no more than $3 million a year for contracts less than $10,000.
The Democratic governor said the new executive order was a fulfillment of promises he made during last year’s gubernatorial campaign.
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