49 USC 47113, Minority and Disadvantaged Business Participation Each agency is required to expend a certain percentage of amounts available within a fiscal year from the Airport and Airway Trust Fund with small and disadvantaged businesses or qualified HUBZone small business concerns. (transportation.gov)
Pursuant to Public Law 95 - 507, and subsequent legislative mandates, large prime contractors receiving Federal contract awards valued over $ 700,000 ($ 1.5 million for construction) are required to establish plans and goals for subcontracting with small businesses, veteran - owned small businesses, service disabled veteran - owned small businesses, HUBZone small businesses, small disadvantaged businesses and women - owned small business concerns. (transportation.gov)
DBEs are for - profit small business concerns where socially and economically disadvantaged individuals own at least a 51 % interest and also control management and daily business operations. (transportation.gov)