Department of Transportation Will Broaden DBE Eligibility

Some new businesses may soon qualify.

Source : Contractor News

December 28, 2020

Author : Kristy Casanova

The US Department of Transportation (DOT) has announced it will increase the cap of gross receipts on eligibility for businesses to qualify for participation in its Disadvantaged Business Enterprise (DBE) program.

The increase on the cap only applies to federal-aid highway and transit programs under the DOT. In 2018, the gross receipts cap was completed for work on airport projects and programs. Other types of projects are subject to size limits monitored by the Small Business Administration, in which they can determine eligibility for its own programs.  

At the moment, in order to remain eligible, DBEs must have gross receipts for three years that cannot surpass $23.98 million. After the change, which will take into effect on January 13, 2021, the cap will be raised to $26.29 million.

Read more at https://www.govinfo.gov/content/pkg/FR-2020-12-14/pdf/2020-26549.pdf

Category : Disadvantaged Business Enterprises Contractor Trades Department of Transportation Diversity Outreach Federal Government Small Business Administration