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Business owners and community impacted by Gov. Parson’s rescinding of purchasing goals | News [Video]

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Company Formation

JEFFERSON CITY — Gov. Parson rescinded  an executive order that set goals for state agencies, requiring them to make purchases from businesses owned by women and minorities. Businesses in the area are realizing the impact this could have on them in the future. 

Kyle Te, the owner of Arete Contracting based in Jefferson City, Missouri said, “As a subcontractor it would definitely take away some edge, like a little bit of an advantage.”

Arete Contracting serves as both a general contractor and subcontractor. While it might not have as much impact in the general contracting realm, in the subcontracting space this does have a great effect on their chances on doing business with the state.

“If another general contractor is considering two different subcontractors and one of them meets one of the minority goals, then that general contractor is more likely to choose that subcontractor with the diversity goals,” Te …

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