DBE New Certification Information, Application and Document Checklist
If the personal net worth of the majority owner(s) of the firm exceeds $1.32M, as defined by 49 C.F.R. Parts 23 and 26, the firm is not eligible for the DBE or ACDBE certification. If the personal net worth of the majority owner(s) exceeds the $1.32M cap at any time after your firm is certified, the firm is no longer eligible for certification. Should that occur, it is your responsibility to contact your certifying agency, in writing, to advise that your firm no longer qualifies as a DBE or ACDBE.