Local Small Business Enterprise
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Local Small Business Enterprise
Certified LSBEs receive a price preference when bidding on Los Angeles County solicitations to help level the playing field for certified small businesses.
WHAT ARE THE BENEFITS?
Bid Preference
LSBEs are eligible to receive a 15% bid price reduction or ‘preference’* when bidding on certain goods and services solicitations from Los Angeles County.
LSBE Prompt Payment Program
LSBEs receive payment within 15 days of receipt of an undisputed invoice for goods or services.
Exclusive listing on the County’s Online Directory of certified LSBEs and be featured through DCBA’s online networks
LSBEs will be placed on the vendor database of certified LSBE vendors and may be featured on DCBA’s social media accounts.
Direct Access to Opportunity
Attend networking events with County buyers and procurement staff, receive individualized counseling on how to find contracting opportunities and more.
*The actual preference is calculated on the cost or price component of the lowest most responsible and responsive bid amount. The bid price reduction cannot exceed $150,000. The 15% preference is used only to determine the lowest bidder or proposal and does not change the amount of contract award.
What is the Preference Program?
The Local Small Business Enterprise (LSBE) Preference Program boosts contracting opportunities for small businesses in L.A. County. Certified LSBEs receive a price preference which helps level the playing field for certified small businesses bidding on L.A. County solicitations.
Who is eligible to participate?
Los Angeles County uses the same criteria to define local small businesses as the State of California’s Department of General Services (DGS). Your business must:
Be independently owned and operated
Not be dominant in its field of operation
Have its main office in Los Angeles County for at least the last 12 months
Have owners (officers in the case of a corporation) who live in California
With its affiliates, be either:
- A business with 100 or fewer employees and an average annual gross receipts of $15 million or less over the last three years.
- A manufacturer with 100 or fewer employees.
