House Bill 498 Summary

• Establishes the Opportunities for Diversity in Contracting (ODC) Program administered by the Mississippi Development Authority to increase state contracting with socially and economically disadvantaged small businesses with net worth not exceeding $750,000.

• Requires each state agency to appoint an ODC compliance officer responsible for monitoring program compliance, analyzing spending patterns, tracking ODC vendor participation, and reporting to the MDA.

• Mandates that state contracts for goods and services include language prohibiting discriminatory employment practices, certifying compliance with labor laws, and encouraging use of certified ODC vendors.

• Requires state agencies to use point systems or comparable evaluation methods based on the ODC program when determining lowest and best bidders for purchases over $5,000.

• Establishes a waiver process for agencies unable to contract with ODC vendors, requiring MDA review of quarterly waiver reports and potential approval requirements for subsequent waivers if improper administration is found.