Infrastructure bill offers options for minority contractors

The $550 billion federal infrastructure monthly bill, signed into legislation last November, has the probable to give sizeable boosts in organization for minority contractors – but it will choose persistence.  

Ugo Nwagbaraocha is president and owner of Diamond Disc Global, a wholesale development, tooling and gear. He is also president of the Wisconsin chapter of National Association of Minority Contractors. 

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“If we definitely want this infrastructure invoice to affect not only ethnic varied firms but also the communities, the underserved, underrepresented communities which we’re most often a section of, then we have to be extra intentional and meaningful in creating absolutely sure that there are provisions that really encourage and encourage (general contractors) to use ethnic various businesses,” Nwagbaraocha stated. 

Ugo Nwagbaraocha, president of the Wisconsin chapter of the National Association of Minority Contractors, has been advocating for more representation in construction. The federal infrastructure bill could have a major impact on minority contractors.

Nwagbaraocha and NAMC are anxious that ethnic minority contractors and disadvantaged business company will be still left out of the economical windfall established by the infrastructure legislation. 

“Sometimes 70% to 80% of their existing DBE participation is non-minority girls owned companies,” Nwagbaraocha mentioned of some tasks.

 “It’s great for non-minority women owned firms to be performing well, but there’s a problem that ethnic numerous organizations that disparity of our participation on these major projects, will boost if there’s not intentional initiatives designed to proceed to increase participation opportunities.”