Louisville Water President & CEO Spencer Bruce is a member of Louisville’s Equity in Contracting and Procurement Task Force. Mayor Greg Fischer created it last week by signing an executive order.
The task force is charged with working to close the community’s wealth gap by supporting Black-owned and Minority-, Female- and Disabled-owned Business Enterprises (MFDBE) through supplier diversity initiatives, particularly those related to capital projects.
Louisville Metro Government estimates that more than $5 billion will be invested locally in public and private capital infrastructure investments over the next five years. The task force will focus on ensuring more MFDBEs are involved in that work.
Louisville Water also recently launched its own Small Business Equity (SBE) program to increase opportunities for small businesses.