Minority Business Enterprise Division | Minority Business Bonding Program

Minority Business Bonding Program

Minority Business Bonding Program

Eligibility Requirements

1.The applicant must meet the definition of "Minority Business" as set forth in Section 122.71(E)(1) of the Ohio Revised Code.

2.The applicant must be certified by the Equal Opportunity Division of the Department of Administrative Services as a minority business enterprise.

3. The projects for which bonding is sought must be economically sound and must benefit the people of the state by increasing opportunity for employment and by expanding minority business enterprise.

4. The applicant must not have defaulted on a previous bond issued by the Director and no general or limited partner or shareholder in the minority business enterprise may have defaulted on a previous bond issued by the Director.