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What is the size requirement to be qualified as a DBE or ACDBE?

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What is the size requirement to be qualified as a DBE or ACDBE?

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A DBE firm (including its affiliates) must be an existing small business, as defined by the SBA (13 CFR 121). Even if SBA requirements are met, a firm is not an eligible DBE if it has average annual gross receipts over the firm’s previous three tax years that exceed $20.41million. An ACDBE firm’s average gross receipts over the previous three tax years cannot exceed $47.78 million.

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