Common use of DBE Participation Goals Clause in Contracts

DBE Participation Goals. ‌ The DBE Goal for DBE participation in the Work required under this Agreement for Project design, including professional services, and construction of the Project is eleven percent (11%) of the amount set forth on the “Totals” line of Exhibit 2-I(2) (Capital Cost Table) for the professional services and construction. For purposes of clarity, assessment as to whether Developer has achieved the DBE Goal will be measured against the aggregated design and construction costs, and not separately as to each of the design costs and construction costs. This DBE Goal reflects only the anticipated ability of DBE firms to participate on the Project and is to be used as a measurement of success. Developer shall demonstrate that it will make good faith efforts to meet the DBE Goal for the Project in accordance with 49 CFR 26, Appendix A.

Appears in 5 contracts

Samples: Public Private Agreement, Public Private Agreement, Public Private Agreement

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DBE Participation Goals. ‌ The DBE Goal for DBE participation in the Work required under this Agreement for Project design, including professional services, and construction of the Project is eleven percent (11%) of the amount set forth on the “Totals” line of Exhibit 2-I(2) (Capital Cost Table) for the professional services and construction. For purposes of clarity, assessment as to whether Developer has achieved the DBE Goal will be measured against the aggregated design and construction costs, and not separately as to each of the design costs and construction costs. This DBE Goal reflects only the anticipated ability of DBE firms to participate on the Project and is to be used as a measurement of success. Developer shall demonstrate that it will make good faith efforts to meet the DBE Goal for the Project in accordance with 49 CFR 26, Appendix A.A.‌

Appears in 1 contract

Samples: Public Private Agreement

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DBE Participation Goals. The DBE Goal for DBE participation in the Work required under this Agreement for Project design, including professional services, and construction of the Project is eleven percent (11%) of the amount set forth on the “Totals” line of Exhibit 2-I(2) (Capital Cost Table) for the professional services and construction. For purposes of clarity, assessment as to whether Developer has achieved the DBE Goal will be measured against the aggregated design and construction costs, and not separately as to each of the design costs and construction costs. This DBE Goal reflects only the anticipated ability of DBE firms to participate on the Project and is to be used as a measurement of success. Developer shall demonstrate that it will make good faith efforts to meet the DBE Goal for the Project in accordance with 49 CFR 26, Appendix A.A.‌

Appears in 1 contract

Samples: Public Private Agreement

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