What is a DBE in Illinois?

What is a DBE in Illinois?

The Disadvantaged Business Enterprise (DBE) program administered by the Illinois Department of Transportation (IDOT) provides minorities, women and other eligible small businesses an opportunity to participate in transportation contracts that utilize federal funds.

Who qualifies as a DBE?

In general, to be eligible for the DBE program, persons must own 51% or more of a “small business,” establish that they are socially and economically disadvantaged within the meaning of DOT regulations, and prove they control their business.

What is the purpose of a DBE?

The Department’s Disadvantaged Business Enterprise (DBE) program is designed to remedy ongoing discrimination and the continuing effects of past discrimination in federally-assisted highway, transit, airport, and highway safety financial assistance transportation contracting markets nationwide.

What is DBE compliance?

The DBE program ensures that federally assisted contracts for highway, transit and aviation projects are made available for small business concerns owned and controlled by socially and economically disadvantaged individuals.

Is an MBE a DBE?

Becoming certified as an MBE (Minority Business Enterprise), WBE (Woman Business Enterprise), and/or DBE (Disadvantaged Business Enterprise) may offer greater opportunities to those minority-owned, woman-owned, and socially or economically disadvantaged contractors and suppliers seeking to bid on publicly funded …

Is FBE the same as WBE?

Similarly, WBE stands for Women Business Enterprise, and is sometimes referred to as FBE or Female Business Enterprise. A WBE or FBE is owned, operated, and controlled by one or more members of the female gender.