PLANO, Texas – The North Texas Tollway Authority achieved its highest level of disadvantaged, minority and women business enterprise participation in 2014. The announcement, made at Wednesday’s, July 15th board meeting, marks the sixth consecutive year of growth following NTTA’s elevation of Business Diversity to a stand-alone department.
D/M/WBE participation grew to 38.1 percent in 2014, from 27.9 percent in 2013. There was an increase in diversity participation in two of the four NTTA procurement categories.
“NTTA always seeks to create opportunities for qualified candidates who want to do business with the Authority,” said NTTA Chairman Kenneth Barr. “The Business Diversity Department has played a significant role in these increases.”
Additionally, NTTA continues to show growth in the number of D/M/WBEs moving into prime contractor roles.
The four procurement categories are:
Consulting Services: A service requiring special knowledge, learning, skill, or intelligence; Goods and Services: Equipment, personal property (e.g. uniforms and office supplies); Professional Services: A person or business, licensed/registered as state certified or state; Construction Services: Building of a highway or structure.
The NTTA Business Diversity Department is responsible for the implementation and coordination of all related program activities including outreach, monitoring, tracking and reporting for the D/M/WBE programs.
For more information about business diversity opportunities at NTTA, visit NTTA.org.
About the NTTA
The North Texas Tollway Authority, a political subdivision of the state of Texas, is authorized to acquire, construct, maintain, repair and operate turnpike projects in the north Texas region. The nine-member board is comprised of Chairman Kenneth Barr; Vice Chairman Bill Moore; and Directors William D. Elliott, Matrice Ellis-Kirk, Mojy Haddad, Gary Kloepper, Michael Nowels, George “Tex” Quesada and Jane Willard.
NTTA serves Collin, Dallas, Denton, Tarrant and Johnson counties and owns and operates the Dallas North Tollway, President George Bush Turnpike, Sam Rayburn Tollway, Addison Airport Toll Tunnel, Lewisville Lake Toll Bridge, the Mountain Creek Lake Bridge and the Chisholm Trail Parkway. NTTA is able to raise capital for construction projects through the issuance of turnpike revenue bonds. NTTA toll projects are not a part of the state highway system and receive no direct tax funding. Tolls are collected to repay debt and to operate and maintain the roadways.
