The Rowen Foundation Announces Groundbreaking 30% Commitment to Small, Minority- and Women-owned Businesses (SMWBE)
(November 23, 2021) – In line with its mission and vision, and after input from a wide group of community stakeholders, the Rowen Foundation has adopted a minimum goal of 30 percent participation for small, minority- and women-owned business enterprises (SMWBE) in all Rowen Foundation vendor and contractor relationships.
The 30 percent goal will be based on the total contract amount of all contracts with vendors and contractors involved with Rowen and is anticipated to continue across the life of the project. While the Foundation will measure the 30 percent goal against its total volume of contracts, each contractor or vendor will be expected to have a plan to achieve 30 percent SMWBE participation within its team.
The Foundation is asking each vendor and contractor to provide an SMWBE Utilization Plan as part of the proposal process. Each vendor’s utilization plan must include SMWBE outreach data, the estimated dollar value of the scope of work to be completed by the SMWBE and the name of the SMWBE to be utilized. A monthly report will be provided to the Rowen Foundation board of directors to ensure consistent implementation and progress toward the Foundation’s goal.
The Rowen Foundation expects work to begin on horizontal infrastructure (roads, sewer, water, etc.) in mid-2022.
Parties interested in working on the Rowen community may submit their business information at www.rowenlife.com/vendor-list to receive requests for proposals (RFPs) and more information.
Download the press release here: Rowen SMWBE Release