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What is DBE used for?

In the analysis of the molecular formula of organic molecules, the degree of unsaturation (DU) (also known as the index of hydrogen deficiency (IHD), double bond equivalents (DBE), or unsaturation index) is a calculation that determines the total number of rings and bonds.

What is the statutory cap for DBE?

Effective March 1, 2023, the statutory gross receipts cap for certified DBEs specified in 49 CFR 26.65 has been adjusted for inflation from $28.48 million to $30.40 million.

Who qualifies as a DBE?

An eligible DBE firm must be owned by individuals who are socially and economically disadvantaged. Except as provided in this paragraph, a firm that is not owned by such individuals, but instead is owned by another firmeven a DBE firmcannot be an eligible DBE.

What is the net worth cap for DBE?

(i) You must require each individual owner of a firm applying to participate as a DBE, whose ownership and control are relied upon for DBE certification, to docHub that he or she has a personal net worth that does not exceed $1.32 million.

How is DBE percentage calculated?

Determine what percentage of DBEs represent all firms ready, willing, and able to compete for DOT-assisted contracting. Calculation: Divide the number of DBEs ready, willing and able to bid on contracts by the number of all firms (DBEs and non- DBEs) ready willing and able to bid on contracts.

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