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The Los Angeles City Council has approved a $5 billion contract for design and construction services at Los Angeles International Airport (LAX). The five-year Multiple Award Task Order Contract (MATOC) involves 31 contractors, including 13 first-time prime contractors, aimed at increasing opportunities for small and local businesses.
"This is about our commitment to investing in LA small businesses and LA families,” stated Mayor Karen Bass. “We are leading the way in how investment in infrastructure means investing in people, too."
The MATOC will allow the Los Angeles World Airports (LAWA) to streamline procurement processes and build new infrastructure more efficiently. Council President Marqueece Harris-Dawson highlighted the benefits of this program: "With major events on the horizon, this program ensures LAX is equipped to handle increased demand, benefiting travelers, businesses, and the local economy alike."
