The bill aims to enhance reporting and accountability for construction contracts in Massachusetts, particularly focusing on the participation of Minority Business Enterprises (MBEs), Women Business Enterprises (WBEs), and Veteran Business Enterprises (VBEs). It introduces new legal language that mandates the inclusion of specific project details, such as Project Number, Name, City/Town, Award Date, Prime Award Goal, in the reporting documentation. This change is designed to improve transparency and ensure that the contributions of these businesses are adequately tracked and recognized. The bill also emphasizes the importance of monitoring employee demographics, requiring detailed reporting on employee hours categorized by race and gender, thereby promoting equitable hiring practices within the construction industry. Additionally, the bill outlines various funding allocations for projects, including significant renovations at veterans' facilities and educational institutions, with a total funding amount of approximately $42,958,855.84. It highlights the financial commitments made to veteran-owned businesses, showcasing payments made for construction and design work. The bill reflects a strong commitment to fostering diversity and inclusion in public contracting, ensuring that minority and women-owned businesses are supported and that workforce representation aligns with community demographics. Overall, the bill seeks to create a more inclusive environment in state-funded construction projects through enhanced reporting and accountability measures.