Montgomery County Local Small Business Initiative Celebrates 10th Anniversary

For Immediate Release: Monday, August 22, 2016

The Montgomery County Office of Procurement’s Local Small Business Reserve Program (LSBRP), has been a success. To help boost the local economy, Montgomery County Government launched the Program and it was voted into law by the County Council in 2006.

The Program ensures local, small vendors compete solely with businesses of similar size and resources for County LSBRP-designated contracts. More than 1,000 vendors have submitted applications and the Office of Procurement has fully certified 455 of them, with plans to complete the remaining certifications by the end of this calendar year.

“To support the LSBRP, County departments pledge to spend 20% of their budget with local small businesses,” said Montgomery County Office of Procurement Director, Cherri Branson. “I’m pleased to tell you the County spent $88.5 million, nearly 24% of total eligible spending with local small businesses in FY15,” the most recent year for which data are available.

The Program has launched a new logo that will be featured prominently on each vendor’s LSBRP certificate. An electronic version will also be sent to them to encourage each qualified business to promote their certified status with Montgomery County by displaying the logo on their websites, social media outlets, printed marketing materials and correspondence.

Montgomery County-based retailers, construction and trades companies, wholesalers, and service firms are encouraged to participate in the LSBRP.  Companies interested in the Program can learn more and register at http://www.montgomerycountymd.gov/PRO-LBP/Home.html.

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Release ID: 16-439
Media Contact: Kristina Ellis 240-777-9941