Currently, you have to create a Statement of Disadvantage as well as a Personal Finance Statement to apply for DBE business certification. The documents are required to prove that you belong to a disadvantaged group and that your personal net worth does not exceed $1.32 million. However, there are many other documents that you will need during the DBE certification application process. Having a DBE certification checklist is vital to making sure that you have a complete application. Here are a few things that you’ll need:
Basic Contact Information
You’ll need to make sure that you have all of the basic contact information for your business to ensure that you can be contacted by the DOT.
Any other certifications that your business may have is important in determining whether or not your DBE certification application will be accepted.
A short profile of what your business does, what services it provides, or what materials it produces is important.
Majority Owner Information
Since the DBE certification is based on having a majority of the company owned by one of more disadvantaged individuals, this is possibly the most important part of the DBE certification checklist. If you don’t have this information figured out, it will not be possible to get a DBE certification.
You’ll have to discuss what your current inventory levels are in terms of equipment, vehicles, office space, and storage space in your DBE certification application. Make sure that you have this information prepped to share.
There are other items on the DBE certification checklist that we will be happy to share with you during the application process, and we are available to answer any questions you may have on the specifics of your DBE certification application.