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Yeargin Potter Smith has always taken pride in operating not only as an equal opportunity employer with our internal workforce diversity, but also as a promoter and champion for M/WBE subcontractor participation on our projects. Yeargin Potter Smith Construction also continues to pursue other market restricted trade categories such as small business enterprises (SBE) and HUBzone to assist in their participation in our area. For many years we have organized, directed and participated, hands-on, in various mentoring programs to assist in career path education of local upstart minority businesses relating to the construction industry. Mentoring topics typically pertain to such areas as hiring techniques, business development and marketing, including brochure and proposal writing, negotiating and competitive bidding strategies, as well as sharing upcoming market opportunities.

 

We employ several time proven strategies for soliciting W/WBE subcontractor and supplier firm participation.

  • Make construction plans and specifications available for review by perspective minority businesses.
  • Package, break down or combine elements of work into economically feasible units to facilitate minority participation.
  • Work with community and contractor organizations that provide assistance in recruitment of minority businesses.
  • Provide assistance in acquiring bonding or insurance requirements.
  • Provide assistance to minority businesses in acquiring loans, equipment, lines of credit or joint pay agreements.
  • Assist minority subcontractors in obtaining the same unit pricing from suppliers as other subcontractors receive.
  • Negotiate joint venture and partnership arrangements to increase minority business participation.
  • Provide quick pay agreements and policies to enable minority contractors and suppliers to meet cash-flow demands.

 

Also, a complete and current copy of the Minority Business Directory for our region is maintained in our corporate office. Diversity in the workplace is more than a business practice for Yeargin Potter Smith, it is the opportunity to give back to the cities and communities that have supported our firm for 88 years.