City dbe form 1 pdf 2025

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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 $2,047,000.
Only small businesses that are independently owned and controlled in both substance and form by one or more socially and economically disadvantaged persons are eligible for certification. In addition, each socially and economically disadvantaged owner must have a personal net worth less than $2.047 million.
The benefits to being certified as DBE are primarily in the priority of contracting. Many construction projects that use governmental money will have a requirement that a designated percentage of the total contract values awarded are awarded to DBE businesses.
Disadvantaged Business Enterprise/Airport Concessions (DBE/ACDBE)
What does DBE stand for? Disadvantaged Business Enterprise.
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DBE ELIGIBILITY To be certified as a DBE, a firm must be an inde- pendent small business owned (51% minimum) and controlled by a socially and economically disadvantaged individual (or multiple socially and economically disadvantaged individuals).
The US Department of Transportations Disadvantaged Business Enterprise (DBE) program certifies small businesses owned and controlled by socially and economically disadvantaged individuals in order to help provide them a fair opportunity to compete on these projects.

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