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DOT Enhances Its Program for Disadvantaged Business Enterprises

May 20, 2024/

DBE Disadvantaged Business Enterprise Program

One key change is an increase in the personal net worth cap, which might help businesses overcome the conundrum of being “too big to be small and too small to be big.”

The Department of Transportation on Tuesday announced a final rule that modernizes its Disadvantaged Business Enterprise (DBE) program, which aims to give entrepreneurs facing either social or economic disadvantages a fair shot at competing for transportation contracts in the procurement process.

 

By Melissa Angell,


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The MDT Disadvantaged Business Enterprise (DBE) Program encourages and supports the participation of companies owned and controlled by socially and economically disadvantaged individuals in transportation contracts.

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