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JOINT VENTURES WITH DBEs - State of Oregon

JOINT VENTURES WITH DBEs - State of Oregon 2025

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The document outlines the certification process for joint ventures involving a Disadvantaged Business Enterprise (DBE) partner to meet contract DBE goals. It specifies the requirements for submitting joint venture applications, including ownership and management responsibilities, and details the criteria for approval. The document emphasizes that only certified joint ventures can be used to fulfill DBE goals and provides instructions for bidders on how to apply, along with necessary forms and deadlines.

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What is considered a DBE business?

The firm must be a for-profit small business where socially and economically disadvantaged DBE owner(s) own at least a 51% interest, and have managerial and operational control of the business operations; the firm must not be tied to another firm in such a way as to compromise its independence and control.

Can a joint venture be a legal entity?

Although a joint venture is a partnership in the colloquial sense of the word, it can be formed using any legal structurecorporations, partnerships, limited liability companies (LLCs), and other business entities can all be employed.

What are the qualifications for a joint venture?

A qualified joint venture is a joint venture that conducts a trade or business where (1) the only members of the joint venture are a married couple who file a joint return, (2) both spouses materially participate in the trade or business, and (3) both spouses elect not to be treated as a partnership.

Can a joint venture be a DBE?

A certified DBE may participate as a prime consultant, subconsultant, joint venture partner, as a vendor of material or supplies, or as a trucking company.

Do DBE certifications expire?

Certifications do not expire after three years. Once certified, a firm remains an eligible DBE unless and until its eligibility has been removed under section 26.87. DBEs no change affidavits and notices of change are intended to keep recipients current on the status of certified firms.

Can a joint venture be DBE certified?

A DBE must be a small business firm defined pursuant to 13 CFR 121 and be certified through the California Unified Certification Program (CUCP). B. A certified DBE may participate as a prime consultant, subconsultant, joint venture partner, as a vendor of material or supplies, or as a trucking company.

JOINT VENTURES WITH DBEs - State of Oregon 2025

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