Ad Code Local Preference1.doc

The document details a Local Business Preference Program implemented by the City Council of Los Angeles to support local businesses in city contract opportunities. It aims to enhance local employment, create fair competition in city contracts, and boost local economic growth. The program offers preferences to local businesses and subcontractors that meet specific criteria, such as being based in the county, adhering to tax regulations, and having a certain percentage of local employees. These preferences include an 8% preference for local businesses and a potential 5% preference for local subcontractors. Additionally, the document explains how preferences are applied to bids and proposals, outlines further requirements for preferences, and outlines repercussions for failing to maintain local business status during a contract.