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Do firms graduate from the MBE Program?

firms graduate MBE program
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Do firms graduate from the MBE Program?

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A. Yes. As of October 1, 2000 , if a certified MBE has a three (3) year annual average of gross receipts (or for retail and manufacturing businesses number of employees) that meets or exceeds the revenue (or employee) totals as specified by the U.S. Department of Transportation (USDOT), the firm would not be eligible to participate in the MBE program. The first year to be included in the average is 1997. This has existed for federally assisted contracts within the DBE program for many years.

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