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What is the benefit of being classified as a Disadvantaged Business Enterprise program with the Department of Transportation?

April 26, 2017benefit Business Classified Department disadvantaged Enterprise program Transportation

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What is the benefit of being classified as a Disadvantaged Business Enterprise program with the Department of Transportation?

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The U.S. Department of Transportation’s DBE (disadvantaged business enterprise) program provides a vehicle for increasing the participation of females and disadvantaged businesses in state and local procurement. Each DOT-assisted State and local transportation agency is required to establish annual DBE goals, and review the scopes of anticipated large prime contracts throughout the year and establish contract-specific DBE subcontracting goals. Primarily three major DOT operating administrations are involved in the DBE program.