December 14, 2020 Final Rule (Gross Receipts Adjustment)
The Department of Transportation issued a final rule on December 14, 2020, applicable to the Disadvantaged Business Enterprises (DBE) program. The rule, effective January 13, 2021, (1) provides an inflation adjustment to the size limit on small businesses participating in the DBE program under 49 CFR Part 26, and (2) implements a statutory change to the size standard pursuant to the FAA Reauthorization Act of 2018.
The Department adjusts the DBE size limit for inflation on an annual basis and publishes the current amount on DOCR's website. The attached rule is not applicable to firms applying for, or that are certified as Airport Concession DBEs (ACDBEs) under 49 CFR Part 23.