Jair Lynch on track for ambitious CBE participation targets
Last year Jair Lynch, in conjunction with general contractor partners Hensel Phelps and Gilbane, participated in Metro’s Procurement Fair to target regional based business which would meet Metro’s economic inclusion requirements. The event, which was attended by more than 150 attendees, was part of the firm’s outreach efforts to potentially hire local and minority-owned businesses who meet the criteria of Minority and Women Owned Business Enterprises (MWBE), Certified Business Enterprises (CBEs), Small Business Enterprises (SBE), and other similar inclusive designations for Jair Lynch’s two development projects for WMATA’s new DC and VA office headquarters. The development team provided information surrounding the projects and targeted trades, and engaged participants in a matchmaking event to further outreach efforts for economic inclusion. Following the successful event, the firms held an independent outreach program for an expanded list of 250 companies. Over 50% of the registered companies were minority-owned, women-owned, or Certified Business Enterprises.
From these outreach efforts, a total of over 40 firms have been engaged further for potential participation across the two projects. But most importantly, over 50% of these companies engaged were CBE-designated firms. Jair Lynch is excited to partner with these local businesses, and plans to continue outreach efforts to meet the 20% Economic Inclusion procurement goal for both projects moving forward.