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Get the free 3. GOOD FAITH EFFORTS and GOOD FAITH NEGOTIATION

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CBI FORM 2A: Good Faith Negotiation Form This Bidder must complete this form for each BE, WE, or BE who submitted a project bid but was not included on the Bid submission. A Bidder must submit CBI
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How to fill out 3 good faith efforts

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How to fill out 3 good faith efforts

01
Identify subcontracting opportunities
02
Contact minority-owned and women-owned businesses
03
Document the efforts made to solicit bids and proposals from diverse suppliers

Who needs 3 good faith efforts?

01
Companies or organizations that are required to meet diversity and inclusion requirements in their contracts or procurement processes
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3 good faith efforts refer to the actions taken by a company to actively seek out and provide opportunities for minority and women-owned businesses to compete for contracts or employment.
Companies that are awarded government contracts or grants and are subject to regulations requiring the documentation of efforts to include minority and women-owned businesses.
Companies must document the specific actions taken to include minority and women-owned businesses in the procurement process, such as outreach efforts, subcontracting opportunities, and training programs.
The purpose of 3 good faith efforts is to promote diversity and inclusion in the procurement process and ensure that minority and women-owned businesses have a fair opportunity to compete for contracts.
Companies must report on the specific actions taken, outreach efforts made, subcontracting opportunities provided, and the results of these efforts in terms of contract awards or employment opportunities.
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