The U.S. Dept. of Transportation has proposed changes to its requirements for disadvantaged-business enterprises (DBEs), which include firms owned by women and minorities. DOT’s longstanding goal is to have at least 10% of highway and other construction funds go to DBEs.
DOT says its plan, published in the Federal Register on May 10, would make it easier for a firm to be certified a DBE in more than one state. The proposal aims to make state agencies more accountable by requiring those that do not meet DBE targets to examine why that happened and come up with ways to achieve the goals. The proposal also would boost the limit on a DBE owner’s net worth to $1.3 million, from $750,000. That cap hasn’t changed since 1989. Comments on the proposal are due on July 9.