Pace Bus - DBE Certification

Pace Home › Business Opportunities › DBE Program › Certification

Disadvantaged Business Enterprise (DBE) Program

Certification

Per the federal regulations contained in 49 CFR Part 26, Electronic Code of Federal regulations, Independent, for-profit firms, 51% owned by socially and economically disadvantaged individual(s) that control management and daily business operations.

Eligibility

Socially Disadvantaged Individuals:

  • Women
  • Black Americans
  • Hispanic Americans
  • Native Americans
  • Asian-Pacific Americans
  • Subcontinent Asian Americans

Economically Disadvantaged Individuals:

  • Personal Net Worth of majority owner(s) must not exceed $1.32M
  • A firm must also be a small business concern as defined by the Small Business Administration (SBA) regulations in 13 CFR part 121. In addition, 49 CFR part 26 provides a cap of $23.98 million average gross receipts over a three year period for DBE

U.S. Citizens (or lawfully admitted permanent residents)

Certifiers make the determinations based upon personal interviews, reviews of licenses, stock ownership, equipment, bonding capacity, work completed, resumes of principal owners, financial capacity and most cases on-site visits.

Documentation

Paid Advertisement

Home | Schedules/Maps | Programs | News/Events | About Pace | Business Opportunities | Pace Store | Customer Service | RSS Feeds
  © Copyright Pace Suburban Bus. All Rights Reserved. | Privacy Policy | Employment | Site Map | Transit Links | Info en Espanol
FaceBook Icon YouTube Icon Twitter Icon RSS Icon E-mail Notification of changes to web pages

Paid Advertisement

Google Translate