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Posts tagged with procurement transformation Archives - Page 2 of 2 - City Innovation Hub

Seattle works to reform City buying to drive equity for minority-owned businesses

The City of Seattle spends a significant portion of its overall budget—about $900 million annually—on purchasing goods and services. While Black, Indigenous and People of Color (BIPOC) account for nearly 38 percent of the city’s residential population, BIPOC-owned businesses earn only 14 percent of the City’s purchasing and contracting spend. This is why Seattle… [ Keep reading ]