The Equity in Infrastructure Project (EIP) exists to create more competition for public contracts to save taxpayer dollars and deliver better value for infrastructure investments by growing Historically Underutilized Businesses. The EIP Pledge is a voluntary commitment to work to increase the number, size and percentage of Historically Underutilized Businesses growing to prime contractors, participating in joint ventures or as equity participants by:
 

• Increasing the number, size and proportion of contracting opportunities going to small businesses; 

• Increasing the number, size and proportion of contracting opportunities going to first time prime contractors; 

• Streamlining the administration of contracting with centralized qualifications, improved payment time, and standardized transparent data collection; 

• Increasing the amount and type of financing available to small businesses aiming to meet infrastructure contracts by working with private and public partners; and

• Expanding the number of signatories to this Pledge.

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The EIP Pledge does not take the place of existing federal, state or local contracting program requirements. The EIP Pledge is a voluntary organizational commitment to go above and beyond existing practices.

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BuildIT is honored to be a ‘signer’ to this Pledge and working in close collaboration with the other 90 public and private sector ‘signers.’ We are grateful that our coalition continues to lead the way to a stronger infrastructure sector and a better economic future for our nation.