Small Business Enterprise program
Pace's Small Business Enterprise (SBE) program provides greater
opportunity for small businesses to participate in Pace's contracting
process as prime contractors. Under the SBE program, projects
estimated to cost between $40,000 and $200,000 will be reviewed
to determine if they can be set aside for competitive bidding
among only qualifying SBE firms.
Firms looking to participate in SBE set-aside procurements
must be certified by meeting the following requirements:
- Be an independently
owned, for-profit business;
- Be owned by
an individual with a personal net worth less than
$1.32 million; and
- Meet the Small
Business Administration's (SBA) size standard, and
not exceed $23.98 million in gross annual receipts.
Companies that are DBE-certified are automatically eligible
to participate in the SBE program (per the Code of Federal Regulations
49 Part 26.39). The SBE Program is race- and gender-neutral,
consistent with Pace's goal to ensure that businesses of all
types and sizes have the opportunity to participate on projects.
Areas of opportunity may include but are not limited to materials,
supplies, and equipment.
All businesses interested in bidding on Pace small business
set-aside contracts must be a registered DBE or SBE with Pace
or one of the other four Illinois Unified Certification Program
(ILUCP), members: Chicago Transit Authority, Metra, Illinois
Department of Transportation and the City of Chicago.
For additional information on the DBE and SBE certification
processes or to download the application, visit:
E-mail Notification Service
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