Title
Amending Title 17 of The Philadelphia Code, entitled "Contracts and Procurement," by adding a new Section 17-109, entitled "Local Bidding Preferences," providing for the establishment of a bidding preference on City contracts for Philadelphia businesses, under certain terms and conditions.
Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Title 17 of The Philadelphia Code is hereby amended to read as follows:
TITLE 17. CONTRACTS AND PROCUREMENT.
CHAPTER 17-100. PROCUREMENT CONTRACTS.
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ยง17-109. Local Bidding Preferences.
(1) Legislative findings.
(a) Local businesses that seek to enter into contracts with the City labor under a competitive disadvantage with businesses from other areas because of the higher administrative costs of doing business in the City (e.g., higher taxes, higher rents, higher wages and benefits for labor, higher insurance rates, etc.).
(b) The public interest would be served by encouraging businesses to locate and remain in Philadelphia through the provision of a preference to local businesses in the award of City contracts.
(c) The bid preference will serve the public interest because the growth and development of local businesses will have a significant positive impact on the economic health of the City by, among other things, the creation of local jobs and increased tax revenue.
(d) The bid preference will serve the goal of rewarding those businesses which contribute the most to the local economy.
(e) The bid preference, in affording local businesses a competitive advantage when bidding on City contracts, does not exclude any potential contractor.
(2) Definitions. For purposes of this Section, the following definitions apply:
(a) "Business Entity" shall mean any individual, domestic corporation, foreign corporation, association, syndicate, joint stock company, partnership, joint venture, or unincorporated association, including any parent company, subsidiary,...
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