Relating to: preferences for woman-owned businesses in state procurement for architectural and engineering services. (FE)

AB 716 requires the state to direct at least 5% of spending on architectural and engineering services to woman-owned businesses certified under existing state law. It defines "woman-owned business" as one certified by the Department of Administration under Section 16.285. The bill mandates annual reports tracking state spending with woman-owned businesses, disabled veteran-owned businesses, and other certified firms, including the percentage of total spending they receive. This policy directly affects state procurement contracts for architectural and engineering services, aiming to increase contracting with certified woman-owned businesses. The law sets a specific spending target (5%) for these contracts while requiring transparency through annual reporting.