Disadvantaged Business Enterprise definition

Disadvantaged Business Enterprise means a for-profit small business concern that is at least 51% owned by one or more individuals who are both socially and economically disadvantaged individuals or, in the case of a corporation, in which 51% of the stock is owned by one or more such individuals; and whose management and daily business operations are controlled by one or more socially and economically disadvantaged individuals who own it.

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Disadvantaged Business Enterprise or “DBE” means a for-profit small business concern owned and controlled by a socially and economically disadvantaged person(s) as defined in Title 49, Code of Federal Regulations (CFR), Part 26.5.

Disadvantaged Business Enterprise or "DBE" means a for-profit small business concern

Examples of Disadvantaged Business Enterprise in a sentence

The requirements of 49 CFR Part 26 and the State DOT’s FHWA-approved Disadvantaged Business Enterprise (DBE) program are incorporated by reference.
After submitting an invoice for reimbursement that includes a payment to a DBE, but no later than the 10th of the following month, the prime contractor/consultant shall complete and email the Exhibit 9- F: Disadvantaged Business Enterprise Running Tally of Payments to ▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇.▇▇▇▇@▇▇▇.▇▇.▇▇▇ with a copy to the Agency.
Maintain records including: • Name and business address of each 1st-tier subcontractor • Name and business address of each DBE subcontractor, DBE vendor, and DBE trucking company, regardless of tier • Date of payment and total amount paid to each business (see Exhibit 9-F Monthly Disadvantaged Business Enterprise Payment) If the prime contractor is a DBE contractor, they shall include the date of work performed by their own forces and the corresponding value of the work.
If as a condition of assistance the Agency has submitted and the US Department of Transportation has approved a Disadvantaged Business Enterprise Affirmative Action Program which the Agency agrees to carry out, this affirmative action program is incorporated into the financial assistance agreement by reference.
The CONSULTANT shall make every effort to comply with any Disadvantaged Business Enterprise goals which have been established for this project.

More Definitions of Disadvantaged Business Enterprise

Disadvantaged Business Enterprise means a small business concern:

Disadvantaged Business Enterprise as used in this policy means a business that is an entity owned and/or controlled by a socially and economically disadvantaged individual(s) as described by Title X of the Clean Air Act Amendments of 1990 (42 U.S.C. 7601 note) (10% statute), and Public Law 102-389 (42 U.S.C. 4370d)(8% statute), respectively;

Disadvantaged Business Enterprise means a small Business Concern: (a) which is at least 51 percent owned by one or more Socially and Economically Disadvantaged Individuals, or, in the case of any publicly owned Business, at least 51 percent of the stock of which is owned by one or more Socially and Economically Disadvantaged Individuals; and (b) whose management and daily Business operations are controlled by one or more of the Socially and Economically Disadvantaged Individuals who own it.

Disadvantaged Business Enterprise means any business entity certified with the office of minority and women's business enterprises under chapter 39.19 RCW.

Disadvantaged Business Enterprise or "DBE" means a for-profit small business concern (a) that is at least fifty-one percent (51%) owned by one or more individuals who are both socially and economically disadvantaged or, in the case of a corporation, in which fifty-one percent (51%) of the stock is owned by one or more such individual(s); and (b) whose management and daily business operations are controlled by one or more of the socially and economically disadvantaged individuals who own it and is certified as such by SEPTA’s DBE Program Office or by Pennsylvania’s Unified Certification Program (PAUCP).

Disadvantaged Business Enterprise or “DBE” means a firm certified through the Texas Unified Certification Program in accordance with 49 CFR Part 26.

Disadvantaged Business Enterprise is intended to mean a business concern owned by a minority or woman that is at least fifty-one percent (51%) unconditionally owned by one or more minority or women individuals who are both socially and economically disadvantaged, or a publicly owned business that has at least fifty-one percent (51%) of its stock unconditionally owned by one or more such individuals and that has its management and daily business controlled by one or more such individuals. Individuals who certify that they are a member of named groups, i.e. African Americans, Hispanic Americans, American Indians and Alaska Natives (Eskimos and Aleuts) and Asian and Pacific Island Americans are to be considered socially and economically disadvantaged.