Requires contracting agencies to contact minority and women-owned business enterprises when such enterprise is listed on a utilization plan and when a contract is awarded

The term 'prime contractor' was changed to 'contractor' in multiple instances, meaning the rules regarding utilization plans and payment timelines now apply to all contractors, not just those acting as prime contractors.

New language was added to allow a contractor to amend the list of minority and women-owned businesses on a utilization plan if there is 'good cause' and written approval from the contracting agency.

The requirement to make payments to minority and women-owned enterprises was expanded to require payments to 'each subcontractor,' regardless of ownership status.

The requirement to execute subcontractor agreements was updated to include any subcontractor listed in the bid, proposal, or other disclosure, not just those on the utilization plan.

A 'good faith' exception was added to the payment timeline, preventing late payment penalties if the delay was due to a dispute, unavailable subcontractor, or missing information.