Wednesday, April 4, 2007

Minority firms receive 22 percent of airport contracts

Minority-owned companies have snagged 22 percent of the $749.1 million in contracts committed through 2006 for the midfield terminal project at Indianapolis International Airport, the airport authority told the Indianapolis Business Journal today.

Minority companies received $167.5 million of the total contracts. Women own slightly more than half of the 189 minority companies that received the contracts. Racial minorities own the balance.

The $1.1 billion project is expected to be completed in late 2008. It will include the terminal, a parking garage and new roads.

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