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Corpus Christi Regional Transportation Authority - DBE Program Information |
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DBE stands for Disadvantaged Business Enterprise. Disadvantaged Business Enterprise (DBE) program is a federal program managed by the United States Department of Transportation to recruit socially and/or economically disadvantaged firms in DOT sponsored projects. Any transportation related project, including aviation, highway, or public transportation, which is supported in whole or in part by federal funding, must include an opportunity for DBE participation. Because the Corpus Christi Regional Transportation Authority (RTA, The “B”) receives federal funding from the Department of Transportation, we must in turn utilize as much as possible of that funding with small, minority-owned, and/or woman-owned companies. Please note that DBE status is not required to do business with RTA; however, the RTA must seek out and certify eligible and interested firms in Corpus Christi and the surrounding areas. Each year the RTA must report back to the Department of Transportation how much of their funding went to DBEs and it can only count those that are certified as such. The RTA has an excellent record for meeting, and many times exceeding their annual DBE goals. The Board approves RTA DBE goals each year. DBE goals for FY 2007 are 15 percent. Approved goals for FY 2008 are 15 percent. |
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Business Development Plans & Studies
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