This bill helps small, local businesses in Philadelphia by giving them a better chance to win city contracts. It creates a new category of preference for these businesses when the city is deciding which companies to hire. This change aims to support local economic growth and development.

Amending Section 17-109 of The Philadelphia Code, entitled "Local Bidding Preferences," by establishing a new category of bid preference for businesses that are both local and small, and amending definitions, certification, goal setting and reporting requirements, all under certain terms and conditions.