The Atlanta Falcons reached a deal Friday with state and city officials on how to ensure at least 31 percent of its new billion-dollar stadium construction awards go to minority or women-owned firms.
The team’s “Equal Business Opportunity Plan” sets certification and reporting standards for contractors on the downtown retractable-roof stadium, one of the biggest economic development projects in recent Atlanta history.
“From the inception of this project, we’ve always stated that we had a commitment to equal opportunity,” said Falcons president Rich McKay. “And this lays out a thorough and transparent process not just for us, but for our contractors to follow.”
The participation of minority- and women-owned businesses in the design and construction of the stadium was a key sticking point in the Atlanta City Council’s decision to use bonds backed by $200 million in hotel/motel taxes to help finance the stadium’s construction.
via Falcons release details of minority-owned stadium contract plan | www.myajc.com.
Comments ( 0 )