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What is a Disadvantaged Business Enterprise?

DBEs are for-profit small business concerns where socially and economically disadvantaged individuals own at least a 51% interest and also control management and daily business operations.

Does DBE expire?

While DBE certification does not expire, a DBE is required to submit an Annual Update Affadavit (AUA) to their docHubing authority, verifying that the DBE is still eligible to be considered as such.

What is a DBE policy?

The Disadvantaged Business Enterprise Program (DBE) is a legislatively mandated USDOT program that applies to Federal-aid highway dollars expended on federally-assisted contracts issued by USDOT recipients such as State Transportation Agencies (STAs).

How do you qualify for DBE in Louisiana?

Ownership The firm must be at least 51% owned by a socially and economically disadvantaged person(s). Business Size The firm (including its affiliates) must be a small business as defined by SBA standards. It must not have annual gross receipts over $23.98 million in the previous three fiscal years.

What is the net worth of a DBE certified person?

Before You Start The DBE Application Process The disadvantaged individual must be a U.S. citizen (or resident alien) and be a member of a socially and economically disadvantaged group. The disadvantaged individual applying must have a personal net-worth (PNW) of less than $1,320,000.

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