HomeMy WebLinkAbout(0051) M&C 22-0133City of Fort Worth, Texas
Mayor and Council Communication
DATE: 02/22/22 M&C FILE NUMBER: M&C 22-0133
LOG NAME: 08FY2022FWMBCC CONTRACT AGREEMENT
SUBJECT
(ALL) Authorize Execution of Contract with the Fort Worth Metropolitan Black Chamber of Commerce to Assist Business Equity Firms - Certified
Minority and Women Business Enterprises in an Amount Not to Exceed $126,504.00 for the Period of October 1, 2021, through September 30,
2022
RECOMMENDATION:
It is recommended that the City Council authorize the execution of a contract with the Fort Worth Metropolitan Black Chamber of Commerce in an
amount not to exceed $126,504.00 to assist Business Equity firms - minority and women business enterprises for the period of October 1,
2021 through September 30, 2022.
DISCUSSION:
During the Fiscal Year 2021-2022 budget process, the City Council approved financial support for the Fort Worth Metropolitan Black Chamber of
Commerce (Chamber) to continue providing business development assistance, construction assistance, and outreach programs to Business
Equity Firms located in the City of Fort Worth's (City) six -county marketplace (Denton, Parker, Wise, Tarrant, Dallas, and Johnson counties). In
FY2021, the submission of an M&C for Council approval of the Chamber contracts was delayed due in part to leadership changes within the
Chamber, the transition of these contracts from the Economic Development Department to the Diversity and Inclusion (DVIN) Department,
internal staff turnover, contract language updates by Legal, and obtaining signatures and required documentation from the Chamber. The City will
pay the Chamber an amount not to exceed $126,504.00 to perform the services outlined under this contract.
The annual renewal of the partnership agreement with the FWMBCC is to enhance its role in assisting the DVIN-Business Equity Division's (DVIN-
BE) efforts to build the capacity of Business Equity firms in Fort Worth and the City's six -county marketplace and help DVIN-BE meet its annual
goal on all City contracts valued at $100,000 and above. The Chamber's contractual deliverables require them to proactively communicate directly
with DVIN-BE and with Business Equity Firms (certified minority- and women -owned businesses (M/WBEs)) and assist by participating or co -
hosting eight Contractor and Vendor Informational Forums, two M/WBE Certification Training Workshops, conduct twenty-four visits with BE Firms
to collect feedback on projects with BE goals, support and track outcomes of at least four BE Firms with bonding assistance, conduct twelve BE
Firm capacity building events to include, business financial reporting, tax filing, human resources (including payroll and employment taxes),
accessing capital for business growth and sustainability, and participating in City -hosted workshops to learn more about the City's procurement
process, and help Business Equity Firms understand the City's requirements in submitting competitive, responsive and responsible bid proposals
on City projects. Additionally, the Chamber can help with inclusive economic development by assisting in attracting "new" Business Equity Firms to
move their headquarters to Fort Worth and retain existing Business Equity Firms in Fort Worth and the City's six -county marketplace.
The Chamber will continue to provide program services such as business development initiatives, outreach, construction assistance that includes
bid estimating and related access to construction estimating software, as well as one-on-one counseling and mentoring. The Chamber
coordinates monthly business roundtables and other activities designed to help small business development and growth in conjunction with these
programs.
Funding is budgeted in the Consultant & Other Professional Service account of the Diversity and Inclusion Administration Department's General
Fund, as appropriated.
FISCAL INFORMATION / CERTIFICATION:
The Director of Finance certifies that funds are available in the current operating budget, as previously appropriated, in the General Fund to
support the approval of the above recommendation and execution of the contract. Prior to an expenditure being incurred, the Diversity and
Inclusion Department has the responsibility to validate the availability of funds.
Submitted for City Manager's Office by. Fernando Costa 6122
Originating Business Unit Head: Christina A. Brooks 8988
Additional Information Contact:
Expedited