Section 999.1 Of Article 6. Disabled Veterans Participation Goals For Professional Bond Services And State Contracts From California Military And Veterans Code >> Division 4. >> Chapter 6. >> Article 6.
999.1
. (a) (1) Notwithstanding any other provision of law, each
awarding department shall have annual statewide participation goals
of not less than 3 percent for disabled veteran business enterprises
for contracts entered into by the awarding department during the year
for professional bond services. This section shall not apply if a
contract for professional bond services of an underwriter is to be
obtained by competitive bid. However, each awarding department shall
establish goals for contracts to be obtained by competitive bid for
professional bond services.
(2) These goals shall apply to the overall dollar amount expended
by the awarding department with respect to the contracts for
professional bond services relating to the issuance of bonds by the
awarding department, including amounts spent as underwriter's
discounts.
(b) In attempting to meet the goals set forth in subdivision (a),
the awarding department shall consider establishing cocounsel, joint
venture, and subcontracting relationships, including disabled veteran
business enterprises, in all contracts for professional bond
services. It shall be the responsibility of the head of each awarding
department to be supportive of the Treasurer's program for assigning
representative portions of professional bond services contracts for
purposes of meeting the goals established pursuant to this section.
However, nothing in this article shall preclude the awarding
department from achieving the goals set forth in this section without
requiring joint ventures, cocounsel, or subcontracting arrangements.
(c) This section shall not limit the ability of any awarding
department to meet a goal higher than those set forth in subdivision
(a) for the participation of disabled veteran business enterprises in
contracts awarded by the awarding department.