Quote:
Originally Posted by Pete
But how many somewhat larger businesses have a "token" on the board to qualify as a minority business?
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Fairly common, open and legal practice, and it's not "somewhat" larger business. A lot of small, minority-owned businesses make their money by being primes, while a Boeing or LockMart is the "subcontractor" providing 95% of the personnel / product.
Mini Minority Corp, with 10 employees, wins a contract to supply 50 analysts (or engineers, or HVAC installers, or whatever) to the government. Rather than hire their own employees to fill the slots, they subcontract the work out... to the Northrop Grumman or SAIC that told them about the contract in the first place. The contract proposal even explains as much, up front before contract award. Government contracting officers expect and encourage it.
Edited to add: The scenario is legal as I described it. Dozer's link is a wholly different story, but I doubt that the graft there was in any way due to company size.