Legislation would put city contracts in hands of local business 

Supervisor David Chiu’s legislation mandating the city conduct more business with local companies moved through the Land Use and Economic Development committee Monday with unanimous support.

The City currently spends hundreds of millions of dollars contracting with private businesses outside of the city for services, goods and capital projects. If passed by the full Board of Supervisors, the legislation would require that The City award 50 percent of its smaller contracts to businesses inside San Francisco.

It’s mean to stimulate business and job growth at a time when San Francisco’s unemployment rate is hovering at 10 percent.

Chiu acknowledged that it will probably cost The City a little more money to do business in San Francisco, but the long term effect is that those dollars will be invested locally.

“That’s a concept city government has not appreciated,” Chiu said.

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