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' . III. MINORITY BUSINESS ENTERPRISE POLICY <br /> It is the policy of the U.S. Department of Transportation that minority �I <br /> business enterprises, as defined in 49 CFR Part 23, shall have the � <br /> maximum opportunity to participate in the performance of contracts <br /> financed in whole or in part with Federal funds. Consequently, the MBE �� <br /> requirements of 49 CFR Part 23 apply to this contract. I <br /> The contractor agrees to ensure that minority business enterprises, as I <br /> defined in 49 CFR Part 23 have the maximum opportunity to participate in I <br /> the performance of this Agreement. In this regard, the contractor shall I <br /> take all necessary and reasonable steps, in accordance with 49 CFR Part � <br /> 23, to ensure that minority business enterprises have the maximum ' <br /> opportunity to compete for and perform portions of this Agreement. The ' <br /> contractor shall not discriminate on the basis of race, color, national ' <br /> origin, or sex in the selection and retention of subcontractors, <br /> including procurement of materials and leases of equipment. <br /> The contractor shall include the provisions of this Appendix in every <br /> subcontract, including procurement of materials and leases of equipment. <br /> Failure to carry out the requirements set forth above shall constitute a <br /> breach of Agreement and may result in termination of the Agreement or <br /> such remedy as deemed appropriate. <br /> III-1 <br />