diversity in contracting

Diversity in contracting means including businesses owned by people from different backgrounds—such as different races, genders, or socio-economic groups—in government and private sector contracts. This approach promotes fairness by providing opportunities for a wide range of qualified companies to compete, fostering innovation and economic growth. It aims to ensure that contracting opportunities are accessible to all, helping to correct historical disparities and create a more inclusive marketplace where diverse businesses can thrive.