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OFFICE OF CONTRACT COMPLIANCE MBE WBE RE - Cook County

OFFICE OF CONTRACT COMPLIANCE MBE WBE RE - Cook County 2025

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The document is an MBE/WBE Re-Certification Affidavit from the Office of Contract Compliance, requiring firms to provide detailed information about their ownership, business activities, and any changes since their last certification. It includes sections for personal and business details, financial disclosures, and a notarized affidavit affirming the accuracy of the information provided. Additionally, it outlines required documentation for continuing certification and emphasizes the legal consequences of misrepresentation.

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What is PDBE certification?

Persons with Disabilities Business Enterprise (GO 156. Section 1.3. 6) is a business at least 51% owned by a person or persons with a disability, and whose management and daily business operations are controlled by one or more of those individuals.

Why are MBEs important?

Therefore one of the top benefits of MBE certification is that any contractual agreement between a corporation and Certified MBE is counted towards that corporations supplier diversity goal. The more they spend with Certified MBEs, the closer they get to achieving and surpassing their goal.

What does MBE certified mean?

Minority Business Enterprise (MBE) Owned Business Definition Eligibility for certification as a Minority Business Enterprise varies depending on the issuer but generally requires that a company be owned and operated by a member of a minority group such as African American, Native American, Asian or Hispanic American.

What is difference between MBE and DBE?

The Department has two different types of minority programs. One is the Minority Business Enterprise (MBE) program, which applies to all state agencies and is administered by the Office of Supplier Diversity. The other is the Disadvantaged Business Enterprise (DBE) program.

What does MBE stand for in business?

The MBE program is designed to assist minority businesses in obtaining state government contracts for goods and services.

What does MBE do for you?

Enhanced Reputation: Receiving an MBE elevates the recipients personal profile and enhances their reputation. The prestigious nature of the award underscores their dedication and expertise, leading to increased trust, respect, and acceptance of their ideas, work, and projects.

OFFICE OF CONTRACT COMPLIANCE MBE WBE RE - Cook County 2025

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