New Federal DBE Rules

by edwardslegalservices

Effective November 4, 2014,  US DOT amended the DBE (Disadvantaged Business Enterprise) program regulations to: (1) Revise the uniform certification application and reporting forms, create a uniform personal net worth form, and collect data on the percentage of DBEs in each state; (2) strengthen certification-related program provisions including among other things,  summary suspensions under specified circumstances; and (3) modify several other provisions relating to overall goal setting, good faith efforts, transit vehicle manufacturers, and counting for trucking companies.  The new rules can be retrieved here.