Meeting_Body
EXECUTIVE MANAGEMENT COMMITTEE
MAY 15, 2025
Subject
SUBJECT: ANNUAL STATUS REPORT OF 48 BY '28 PLAN
Action
ACTION: RECEIVE AND FILE
Heading
RECOMMENDATION
Title
RECEIVE AND FILE annual status report on the 48 by '28 Plan.
Issue
ISSUE
This update provides a status report on the implementation and launch of ongoing initiatives in the 48 by '28 Plan which incorporates the status of the recommendations from the 2023 Disparity Study Report, including the development of a three-year pilot Micro Small Business Program and certification designation.
Background
BACKGROUND
Increasing the percentage of transportation dollars that remain in the region and within economically and socially disadvantaged communities is vital to LA County and aligns with the Board-Approved Equity Platform. To support this effort, the Board passed Motion 43 by Directors Solis, Hahn, Dupont-Walker, Sandoval, and Butts in December 2021 requesting staff to develop a policy to ensure Metro's capital program accelerates the increase of small and disadvantaged business participation by directing as many contract and procurement dollars as possible toward small and disadvantaged businesses (Attachment A).
In May 2022, the Board adopted the 48 by '28 8-point Plan that contained initiatives aimed at achieving a 48% aspirational target of small business participation on Measure R and Measure M funded expenditures by the 2028 Games. Through partnership with local jurisdictions, Metro seeks to increase the percentage of transportation dollars that remain in the region and within economically and socially disadvantaged communities.
In September 2022, the Board received the Office of the Inspector General's (OIG) Final Report on the Survey of Small Business Enterprise (SBE) Certification Programs and Exploring Opportunity for Reciprocity. The objective of this survey was to determine whether Metro and selected government agencies could increase reciprocity of SBE certifi...
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