DOT News Masthead

REMARKS FOR

THE HONORABLE NORMAN Y. MINETA

SECRETARY OF TRANSPORTATION

 DEPARTMENT OF TRANSPORTATION

OSDBU ANNUAL MED WEEK 2001 AWARDS CEREMONY

 WASHINGTON, D.C.

OCTOBER 25, 2001

 

Good afternoon. Thank you Joe for that welcoming introduction. And  I also thank you and all of our colleagues in the Office of Small and Disadvantaged Business Utilization for sponsoring today’s Annual Minority Enterprise MED Week 2001 Awards Ceremony.

I am honored to be here today to help recognize some of the people in business and in government who have achieved so much this year in embracing businesses of all types. We have much work to do, but thanks to people like you, we have opened our arms wider to disadvantaged businesses.

We are here this afternoon to pay tribute to minority and women entrepreneurs who have made significant achievements in their businesses and vital contributions to the transportation industry. And we are also recognizing procurement officials and minority business advocates who have set exemplary standards of conduct while doing business with the Department of Transportation.

The MED Week Awards Ceremony provides DOT with an opportunity to illustrate the impact of minority and women owned businesses and their advocates on America’s economy. One of the Department’s strategic goals is to encourage economic growth by increasing participation of minorities and women in the DOT procurement process.

Administrators and senior officials are present here today to honor the achievements of this select group of awardees who successfully contribute to America’s transportation systems. Thank you for your participation this afternoon and for your strong support throughout the year.

As we come together today to recognize DOT’s MED Week 2001 award recipients, I hope you will also join me in recognizing the talents and contributions made by millions of Americans with disabilities as we commemorate “National Disability Employment Awareness Month.”

Through economic growth and trade initiatives, the Department of Transportation continues to be at the forefront of President Bush’s efforts to expand contracting opportunities for all small businesses, including those owned by women, minorities and disabled veterans.

Transportation is key to generating and enabling economic growth, in determining the patterns of growth, and in determining the competitiveness of our businesses in the world economy.

And transportation is vital to both our economic success and to our quality of life. Small business entrepreneurs are part of that success and will continue to provide vital contributions to our country's economic health and well being.

In the past three years, DOT has awarded more than $3 billion in contracts to small, women owned and disadvantaged businesses. This represents over 56% of DOT’s total contracting dollars.

Fiscal year 2001’s numbers are not yet final. But, information available through August indicates that small,  women owned and disadvantaged businesses received over $873 million or 51 percent of the Department’s contracting dollars. Let’s keep up the good work.

As Secretary of Transportation, I  will continue to implement programs and initiatives that ensure equal participation of minority and women entrepreneurs in transportation-related contracting and procurement opportunities.

Much work remains ahead of us, but we are closer than we ever have been, thanks in large part to the people being honored here today.

During this time of America’s struggle against terrorism, we will not give up our dreams. Minority- and women-owned businesses are shining examples of the American spirit and resolve, and it is essential that we continue to work together as OneDOT, in partnership with hardworking and determined Americans like the ones recognized here today.

And so to all of you, I say, “Thanks A Million.”        Thank you for doing your jobs well. We applaud your outstanding efforts and we honor you today.

 

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