September 28, 2026
The Equity in Infrastructure Project (EIP) is a national initiative addressing barriers that prevent small and historically underutilized businesses from competing for major public infrastructure contracts, rather than merely serving as subcontractors. Small contractors face significant obstacles including complex procurement systems, bonding requirements that demand substantial financial qualifications without providing project funding, and difficulty navigating unfamiliar contracting processes. Programs like LA Metro's small-business prime contractor initiative and Alameda County's technical assistance efforts provide crucial training, bonding support, and faster payment terms that help small firms manage cash flow and gain experience.
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Read full article from source: The San Diego Voice & Viewpoint