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District of Columbia Code Division I. Government of District. § 10-1605. Local hiring, equity, and subcontracting requirements.

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) Sections 2-219.01, 2-219.03(a), (b), (c), (e)(1), (1C), (2), (3), (4), and (5), and 2-219.03a, shall apply to the construction obligations of the Stadium Project and the Commercial Development (collectively “the Project”);  provided, that good faith efforts will be required to ensure that 51% of all new hires for the Project are District residents;  provided further, that residents of Wards 7 and 8 receive a hiring preference for at least 20% of the new jobs created in connection with the Project.

(b) Section 32-1431 (“Apprenticeship Act”), shall apply to the construction obligations of the Project;  except, that 10%, with a goal of 35%, of all apprenticeship hours performed pursuant to apprenticeship programs required by § 32-1431(a) of the Apprenticeship Act shall be performed by District residents and the Department of Employment Services may only impose fines for a failure to achieve the 10% requirement.

(c) Subchapter IX-A of Chapter 2 of Title 2 [§ 2-218.01 et seq.], shall apply to the construction obligations of the Project, including professional services rendered in furtherance of the Project;  except, that:

(1) The Developer shall require at least 20% equity, excluding debt financing, mezzanine financing, or other equity contributions by limited or institutional investors, and 20% development participation from certified business enterprises;  and

(2) Forty percent, with a goal of 50%, of the adjusted development budget, as defined in the CBE Agreement referenced in section 6(a), shall be subcontracted to small business enterprises, with a preference for at least 10% of the small business enterprises to be located in, by order of priority, Wards 7, 8, 5, and 6;  or if there are insufficient qualified small business enterprises to completely fulfill the 40% requirement or the 50% goal, then the subcontracting requirement or goal may be satisfied by subcontracting the 40% requirement or 50% goal of the adjusted development budget to any qualified certified business enterprises, with a preference for at least 10% of the certified business enterprises located in, by order of priority, Wards 7, 8, 5, and 6;  provided, that all reasonable efforts shall be made to ensure that qualified small business enterprises are significant participants in the overall subcontracting work.

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Cite this article: FindLaw.com - District of Columbia Code Division I. Government of District. § 10-1605. Local hiring, equity, and subcontracting requirements. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-i-government-of-district/dc-code-sect-10-1605-04/

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