Address:
1500 East Main Street, 5th Floor
Richmond, VA
23219 USA
Email: Ask Minority Business
Phone: (804)646-5947
Fax: (804)646-0136
Disparity Study
MGT Consulting Group has been commissioned by the City of Richmond, VA, to conduct a disparity study in order to evaluate the City's procurement and contracting practices. The study will determine whether disparities exist between the availability of firms owned by minorities and women and the utilization of those firms by the City. MGT will provide recommendations to the City based on the findings of the study, and the City will determine what modifications, if any, need to be made.
Steps of the disparity study will include:
- Legal Review and Framework
- Procurement Policies, Practices, and Procedures Review and Analysis
- Data Evaluation, Collection, and Processing
- Relevant Geographic Market and Product Market Analyses
- Public Sector Utilization
- Estimation of MBE Availability
- Public Sector Disparity Ratios
- Private Market Disparity and Nongoal Analyses
- Collection and Analysis of Anecdotal Information
- Multivariate Analysis
- Goals Setting
- Draft and Final Reports
OMBD is committed to building capacity through our subcontracting program and various developmental resources.
To learn more about the disparity study, click here.
