DISADVANTAGED BUSINESS ENTERPRISE
DBE
DBE Certification is through the U.S. Dept. of Transportation allowing businesses at least 51% owned, operated, and controlled by economically and socially disadvantaged individual(s) to participate in DOT assisted contracting.
The purpose of the DBE Certification is to provide opportunities for disadvantaged, minority-owned businesses
to access DOT-related contracts from its three primary branches:
• Federal Aviation Administration (FAA)
• Federal Highway Administration (FHWA)
• Federal Transit Administration (FTA).
DBE Certification Benefits
DBE Certification makes your business more appealing for working on DOT-related projects. In addition, large corporations typically have supplier diversity programs to ensure that a percentage of their budgets are used to buy products/services from DBE Certified businesses for DOT-related projects
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Access to Contract Opportunities
Access to government and private sector contracts that are specifically set aside for small businesses. This can open doors to new business and revenue streams that may not have been available otherwise.
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Competitive Edge
Gives you a competitive edge when bidding for contracts, as it demonstrates that you meet certain standards and criteria, making you a preferred choice among buyers.
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Building Block for Federal Contracting
The DBE Certification offers more accessible qualification criteria than some federal certifications making it ideal for businesses that do not yet meet these requirements, as well as gain contracting performance history.
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Networking Opportunities
Provides opportunities to connect with other small businesses and potential clients through various events and networking opportunities. This can help you build new relationships and network with industry contacts.
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Access to Training and Resources
Access to training and resources, such as webinars, loans, grants, purchasing networks, and training programs, which can help your business grow and succeed.
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Improved Credibility
Improve the credibility of your business, as it demonstrates that you have been independently verified as small business and meet certain standards, instilling trust and confidence among clients and partners.
DBE Eligibility
Qualification Criteria for the DBE Program based on Regulations from 49 CFR Part 26
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51% owned, operated, and controlled by an individual(s) classified as economically and socially disadvantaged.
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Personal net worth of economically disadvantaged persons should not exceed $1.32 million, excluding ownership interest in the firm and equity in their primary residence. More exclusions apply for airport concessionaires per 49 CFR Part 23.
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Business size, including its affiliates, should not exceed the SBA size standards or have annual gross receipts beyond $30.4 million in the past three years.
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Business should operate independently without reliance that might jeopardize its independent status.
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The disadvantaged business owner must have the expertise and authority to guide the business’s management and policies relevant to its industry.
*Economically Disadvantaged Individuals are defined as those for whom impaired access to financial opportunities has hampered the ability to compete in the free enterprise system, in contrast to people in similar businesses not identified as socially disadvantaged.
*Socially Disadvantaged Individuals are defined as those who have been historically subjected to racial or ethnic prejudice or cultural bias within the larger American culture. Identified groups: African Americans, Asian Pacific Americans, Hispanic Americans, Native Americans, and Subcontinent Asian Americans, Women, and others deemed disadvantaged by the SBA.