Tacoma Completes Economic Disparity Study for Equity in Contracting Program

The City of Tacoma has completed its Economic Disparity Study, focusing on the inclusion of Minority and Women-Owned Enterprises (MWBEs) within its Equity in Contracting Program. This comprehensive analysis draws on five years of historical data, specifically from January 1, 2017, to December 31, 2022, and includes assessments following the impacts of Covid-19. The findings, shared during a City Council Study Session on September 17, 2024, reveal critical insights into the disparities facing MWBEs in local government contracting. The study aims to ensure that public funds are spent in a manner that promotes equity and does not perpetuate discrimination. Key sections of the report include an executive summary and actionable recommendations for the city to consider.

Tacoma encourages community engagement, allowing residents to access the full report and contact program staff for inquiries. This initiative exemplifies Tacoma's commitment to fostering a fair and inclusive economic environment. By addressing these disparities, the city seeks to create a more equitable marketplace for all businesses.